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Should this be a sticky as it helps explain the reason how the c-ship can be ‘null and void’?
Is He pro ending c-ship? Looks to me that he may have a stronger banking and insurance background:
https://www.opensecrets.org/members-of-congress/blaine-luetkemeyer/summary?cid=N00030026&cycle=2022
Sorry, just trying to be somewhat frothy in wit.
Don’t worry, I’m sure judgement day will come as soon as the lady of justice sees the truth.
Happy Holidays to all.
For an 80yr old, He’s got stamina. Maybe He’s just backed up.
What guy? K19?
Any court news today?
You would probably find Red John easier than sorting out this enigma.
Does intentional involve theft and/or collusion? If so, by who and for what reason?
Is k19 Carney?
Sounds like a loot and scoot operation - that continued unabated and was covered up via (now sealed) executive orders.
Congratulations to Congress, who basically gave the okay to do so.
Basically, that’s what the Jury said..isn’t it?
Only takes a day to get them off the OTC and return the GSEs to the main trading floor. The Public should be concerned if not outraged that this deceptive business practice has gone on for so long.
“Now, you're either on the bus or off the bus. If you're on the bus, and you get left behind, then you'll find it again.”
Ken Kesey
It would be nice to know what our class action attorneys have to say about this delay. Have they been forthright regarding what needs to be filed and when?
Anyone reached out to them regarding this matter?
But how did SC factor in unfair business practices in lieu of c-ship? Oh what a web we weave…
Hands down - no argument is necessary. As for the election, I am reminded that we shouldn’t discussed politics on this platform.
Easy to argue when Gov has billions taken from GSEs to help fund that campaign. What is so amazing about this is that the average person followed their lead believing everything that was said as truth/. It had to be true, since all those Admin docs had to be held from public view using ‘exec privilege’.
You should be thankful that the Preferred stocks are in place as the original rights travels (as opposed to fellow travelers) with the stock - not so much as with commons.
You simply do not know how the JPS contracts (and/or concept) functions and keeps in place the rule of law.
FHFA has already been sighted for abusing Shareholders and it’s just a matter of time before this judgement is used to lift the curtain so all the public can see what actually happened.
It’s a wait and see situation based on how long Govt can keep their court judges in play.
Bottom line: if administration wanted to release control back to Botof Directors, it would have done so. Instead, they prefer to waist millions on presidential appointees that do what the FHFA and Treasury dictate. There are definitely decisions to be made, and to whose benefit?
Pls explain how. They (contract) should either be honored and paid face value or allowed to stay on as new symbols emerge.
I don’t believe it matters as the original c-ship guidelines that were put into place deemed that if any fraud was determined, c-ship would end and all monies returned to the GSEs. At least, that is how I read it.
So, C-ship should be voided?
Please remind me, what was FHFA accused of and what was it that the Jury agreed to….unfair business practices?
If c-ship leadership is autocratic, then it’s easy to define. What is worrisome is why Congress has allowed it.
Wondering out loud ---- where is the line between GOV programs (see Fannie Mae for 20 or 30 years or so?) and socialism?
People are afraid of Government, because the Government wants it that way. That’s why no one banding together with one slogan.
I do like your brand strategy, “HIGHWAY ROBBERY”, because it’s as close to the truth as one can get without being jailed.
You too Navy and to everyone else.
Like the Pilgrims, maybe folks will come to their senses and admit socialism with the GSEs is not the way to go. It’s time for them to be released.
Great post- direct and informative.
Why is it that no one brings up the subject of how c-ship can end?
Before investing, I read in the original c-ship guidelines and I believe it mentioned that c-ship could be ended if it was found that any laws had been breached/broken.
Does anyone remember reading this?
If so, could this be the next approach by Plaintiffs?
https://economic-research.bnpparibas.com/html/en-US/GSEs-ready-exit-FHFA-conservatorship-12/7/2020,40595
Ho-hum..Drizzle, Drazzle, Druzzle, Drome, time for this one to come home!
Again thanks, have a great Friends Giving.
Thanks. Couldn’t calculate this one.
Maybe someone could help with the timeline of payment(s).
Thanks for everyones help with the updates.
Sky, what does this equate to for someone who owns, say 1000 shares of $25 prefers?
Wasn’t the report was created (paid for) by FHFA? If so, can it be considered fictional and/or biased? Some might use the term ‘propaganda’.
Guessing Thursday and Friday will be a busy buy day.
That’s a five star statement. Question remains on how they will spin the next lawsuit (from this)? Will it be easier than the last 15 years of trying to get the Lady of Justice to notice Shareholders as victims.
True, Friday -
Do you know if the judge decides Friday, or, is it gonna just be a paper shuffle and then we wait for the judge’s decision?
Anyone have an update on if the judge decides tomorrow, or, is it gonna be a paper shuffle and then we wait for a decision?
If a ruling affects all stocks owned at the time of judgement, those would lock in on the judgment. It’s concerning that folks would want to have a stake as a shareholder. However no heavyweight buying going into tomorrow’s ruling. Am I missing something? Just very odd.
Also, would the judgement happen tomorrow, or, is that when it’s actually presented by D & P Attorneys? If so, when would it be finalized by the judge?
Thanks for the info.
Anyone knows what the reason was?
Thanks.