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"Treasury's call" We did not know that. What a clwn-Skateboard
lol Biden still has to win second term in 2024
Can you post what JoeSchmoe said, that might be important also.
Keep waiting
did Sandra Quit?
He has been confident since 2014.
Atleast he has other people money tied up so all is good
2024 year of GSE'S
Here is skateboards Sandra: "But some analysts have estimated the process could take at least 15 years."
"situated" lol, yeah 3 years are not enough for being "situated"
NWS and JPS are toast, just watch and learn
no succession clause means FHFA cannot act in its own best interest. So PSPA's are TOAST.
Commons win bigly. JPS are sore losers
"window of opportunity" lol
as if they could not do something last year/ last month if they wanted to
Hindes dumping JPS buys commons.
2024 will set us free. Anyone else saying otherwise is lying
Yeah hiding somewhere and crying
If they wanted it resolved they would not had appointed Sandra
It's a gamble on 2024
Agree just a gamble. Thanks to Sandra and the guy who appointed her
Lol Clueless as always, sandra will make sure warrants expire worthless.
yes, Buffet around 2008 said OFHEO only job was to monitor 2 companies and they failed miserably. Right now they are just feeding off GSE's with absolutely nothing to show.
Who is Calabria? He does not matter?
Calabria is a nobody, same as you now. Sandra is clueless giving commons time to organically retain earnings, then we will buy out jps
"if calabria and mnuchin could have gotten it done."
But they did not get it done so you can take your trash else where.
Sandra has no interest to do anything.
"DC is the city of gossip and that it is impossible to keep a secret there"
So you are the only one tuned in to secrets?
Per Layton Sandra should rework capital requirements - that alone adds 100 years
Sandra won't touch it with 1000ft pole. She is just clueless
Sandra is working hard on releasing...... it's stuck
Jps holders should buy SVB and leave us alone
yeah Sandra is taking notes and trying to figure out what you said
Fact: Only action that has ever happened occurred only under Republican nominees
Lockhart started Conservatorship, DeMarco did NWS and Calabria Ended NWS and set GSE's on capital retention plan.
So When Largest Common Shareholder Ackman says he is looking to 2024 he is not wrong.
Chumps expecting some thing from Sandra and something in May are just cluelesss.
Sandra will just leisurely enjoy her days as watt did.
Nothing is scarier than GSE'S
Jps to pennyland soon
"find out in May -Capital Budgeting Plan" This is so idiotic even dumber than buying JPS. There can be no plan till SPS are in place. FnF will write in plan that they will NOT be able raise capital with 300B of SPS outstanding.
Here is your plan no need to wait for May.
look at yellen testify. Does any one has any confidence that this clown can get anything done?
Jps holders convert to common while you can
Commons to Da MOOON!!!
Reminder for skateboard: Watch and Learn
"For the second time this month, I am leaving a comment by Fanniegate Hero on the blog in order to make a point about why I delete (or choose not to accept) certain comments from readers.
A word about the term “restructuring.” The drawback to using it with respect to Fannie and Freddie is that it’s too general, to the detriment of clarity. A typical financial restructuring involves the reorganization of debt, which obviously isn’t the companies’ problem. And even saying they need an “equity restructuring” is still unnecessarily general. Fannie and Freddie’s equity problems are literally unique: they have $193.5 billion in Treasury senior preferred stock that does not count as regulatory capital, that they were forced into taking because of non-cash expenses put on their books between the middle of 2008 and the end of 2011 by FHFA, and that they cannot repay (as Fannie reiterated in its 2022 10K), and Treasury also has a liquidation preference in them of $288.2 billion as of December 31, 2022, which will grow in every future quarter until it is eliminated. Since THAT’s their “equity problem,” why not just call it that? And it’s a problem only Treasury can fix.
One also might argue that Fannie and Freddie junior preferred stock are candidates for “restructuring,” but that’s in a very different category from the senior preferred and the liquidation preference. Those have to be eliminated first, before it makes sense to think about redeeming (or converting) the junior preferred and replacing it with some other form of equity. Moreover, I would argue that changing the amount, type or mix of junior preferred stock is a decision properly made by company management, in conjunction with their financial advisers, and not FHFA."
Lazy sandra already put it in trash can
Jps holders in for a shock