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Only 1420 pages?
I knew the road to enlightenment would not be easy.... haha
Om Mani Padme Hum
“Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.”
Guatana Monk
Quote “Does the sun rise in the east, travel overhead on a clear day and set in the west?”
( Impossible to say without knowing where the observer is and the time of year. )
Impossible to say???? Lmao
Are you referring to viewers that reside on planet earth? If so, yeah the sun rises in the east and sets in the west.
Literally every time haha
Treated fairy imo at a minimum would mean a greater ROI over past 8 or so years than the major indices.
Therefore greater than 10-12% per year compounded over the the say 8 year span plus their litigation costs and other expenses etc..
I cannot wait for the day you say...”IT’S HERE AMIGOS!”
Stands to reason a similar voting pattern will follow. We could win this thing in a big way......
I bet he got no respect...haha
“There are two people you should take this up with: Tim Howard and Bill Ackman. Both are on record as saying that the reason they think the commons won't be destroyed is because Treasury has an interest in keeping the share price up to maximize the value of the warrants.”
Your playing this statement off like it’s the ONLY reason. Clearly, it isn’t.
The way I see it is, if you plan to remain on the common board, you can go ahead and plan on doing your explaining for hundreds and hundreds of more hours because no one here has a vested interest in promoting preferred shares and slamming commons.
You can expect nothing less, on a common share board like I said.
Calabria has stated and common sense tells me for lawsuits to “go away”, Ackman
Icahn, Nader etc are going to want more than 4 per share lol
JUST A GUESS!
Everyone please think about this......
No, we don’t know what the plan is. BUT if you were Calabria and or Mnuchin, do you think an end result of $4,$7,$11 .... is going to END YEARS OF PAINSTAKING WORK,TIME AND TRUCKS OF MONEY YOU PUT INTO YOUR COMPLAINT?
Especially after a favorable enbanc hearing?
You would throw it all in for $4.00?
I DONT THINK SO
If Fannie and Freddie own it and Fannie and Freddie are private shareholder owned companies then no, I don’t believe that they are anything but a privately owned company.
Can “give off” or IPO co owned CSS/CSP for recapitalization.
I heard someone once tell a judge they had no say. Did not go well for them.
Tell it to the judge.
60-40 Freddie
FMCC also 100k share buy
100k share buy
FMCC Institutional ownership hits new high @ 14.78%
I’ve searched all personal records, no luck. Appreciate your time none the less Obiterdictum.
Thanks YanksGhost. I did follow the AIG bailout and subsequent lawsuits and do recall the trial, the win and eventual reversal but this matter did pertain to the FNMA board. I am at a loss to the exact issue at the moment but on a mission haha.
I have faith it’s out there somewhere
To be continued...
Not my style, I assure you.
It exists.
I am inclined to say FHFA but I can’t confirm that.
The board that signed the original sweep agreement definitely filed some type of action along the lines I stated earlier.
It was the one and only time I can remember the BOD making any statements and it was definitely pertaining to the time frame of conservatorship.
I will keep looking, thank you Obiterdictum.
Hello there Obiterdictum. Quick question....I am 99% sure I read an article approximately 6 months ago(?) stating the original board of directors filed a court action/suit pertaining to this. For the life of me I cannot find that document.
The document stated the board filed the complaint due to govt manipulation of facts, aggressive tactics and misrepresentation of the conservatorship timeline.
Have you seen or heard of this document or filing?
Exactly.....borrrrrriiinnnnngg haha.
Oh no a gap
Oh yay it filled
Oh yeah.....it’s the 5000th time
How exciting lol
Rolling eyes emoji...
#Idontspeakspanish
Sad face emoji
Uhhh ohhhh ..... lmao
Staring at my screen like usual haha
Charlie likes throwing out that $40 number .... gotta love it
Gasparino next Fox News
Here comes a nice GREEN close
Hmmmmmm
Well you’ve come to the right place!
FNMA commons hitting new highs
Here we go....
New proposal just released. Didn’t think Preferred would be treated so poorly. Horrible timing
Just basing off of Ackmans initial estimate. I also think there may be a conversion offering from commons to CSS which will add even greater value when/if Fannie/Freddie/FHFA take that business public.
Without any CSS/CSP conversion opportunity I could see a buyout offer being in the 80-125 range maybe?
Sounds absolutely perfect to me. Sooo good