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Funny...least i know now ur skin in the game is small.
At some point dems or repubs will see the release as a certainity. At this point one party will try to take credit for the rehab of the gses. I would have thought by now enough time has passed to release without it being politically toxic. I think the real issue is how can they afford to pay the shareholders what they owe us without drama from the public. Im ok with a settlement and nondisclosure agreement. I can keep a secret.
At some point dems or repubs will see the release as a certainity. At this point one party will try to take credit for the rehab of the gses. I would have thought by now enough time has passed to release without it being politically toxic. I think the real issue is how can they afford to pay the shareholders what they owe us without drama from the public. Im ok with a settlement and nondisclosure agreement. I can keep a secret.
Fnma will be released. The gov. can not allow this case to end with a loss. If that would occur...every shareholder would have a road map to sue successfully. Also case law would back us in our suit. Could you imagine thousands of shareholders filing suit and fighting that legal battle?
Treasury is gonna need more ink and paper.
Also...a settlement on punitive damages.
Dow hits a new high...Russia starts a war.
I bought ur shares.
Lots of misdirection. Say one thing, do something completely the opposite. Would not surprise me at all if he was buying shares and undermine the shareholders at the same time. Cla $ sic opprotunist.
It must really upset them that they have been unable to shake out the common holders. I think more politicians own the shares than we know. It's a political stock play...why would they not?
its an inconvenient truth that the government has ignored the shareholders in the GSEs. Punitive damages are coming...hide and watch. Trillions not millions. We got screwed first, they get screwed last. Tax payers picking up the bar tab, as always.
I have had the same thought. The only thing I could think of is that some corporate policy prohibits them from doing so. I worked for a company a couple years ago that would fire you if you spoke out. Large companies...have rules.
The Government is not allowing the GSE's to save and have capital for a downturn in the housing industry. They are taking all the profits and keeping them for preparing for a downturn. We are being set up for failure. We need a judgement from the judge to protect our ability to survive. Our lawyers need to ask the judge to set up a holding account for all future profits until this is resolved in the courts. This is not unreasonable.
join me. No list, just sand, beach, and whatever makes you happy.
At a minimum exercising the warrants without disclosing is a sec violation.
Government sold shares to hedge fund to short the stock they were supposed to conserve and protect? Ouch, good luck explaining that one.
Does anyone have a clear path that the government can use to get out of this without looking like idiots? I really think that is the issue more so than the money.
Was killing Fannie and Freddie a War Game?
Did our Government do this in some cold war effort to retaliate against the Russians? Was shareholders property taken in a cold war ops? I think we are starting to see what really happened to our company. Let that roll around in your head for a minute. Did we find out that Russia had reversed its short and started buying shares? We found out late so we had to crash the system. As I said before...Fannie is a national security risk. We can not allow a foreign government to have control of this asset as a private company.
Waterstone-gate. Apparently many will go to jail. Bend over.
Claw back and punitive damages. ;)
The stock is not trading with the court progress. Its strange...the discovery and court proceedings is showing this to be a slam dunk case. However, the market is trading the stock like it is a dead subject. Berk Inc. is buying with both hands. Warren Ross invested in Bank of Ireland. Hired Lockhart. Lockhart posted negative news on FNMA. My guess is Warren Ross is taking a position as well as Perm Watson. Anytime one of the insiders go on the negative, the other hand is buying. Time to wise up...wish the SEC would prosecute for stock manipulation. That would take to much effort to prove or cost to much in kick backs. IDK...seems someone should be looking after the shareholders. God protect our Judges and keep them clean and safe from evil men.
Seems we go through this every Friday. They drive the price down so they can buy and hold over the weekend. Everyone knows if they are released it will be over the weekend so little attention will be given by the news agencies.
You can't possibly hold them to the same standards. Who would govern?
That BOA settlement could buy the entire float twice. Legal uncertainty is the only thing keeping us from being at 60.00 PPS.
When is boa buying shares...and how many?
My shares are for sale at $99 each
If everyone on this board put in a sell order at 100 bucks a share, good til cancel...I bet the shares would not be easy to borrow. Ihubers represent alot of the float...We got in early...staying late.
I think given the governments actions of evading the truth, we should ask for expedited discovery. Also, an order to protect profits from sweep until we have a judgement.
What does the government have to gain by continuing to seize shareholders value. Politicians stand to gain nothing personally. Why fight? Release and stand down. The only reason to fight is because some large bank is paying you to dis love the GSES so they can issue mortgages directly at a 3% gain. What politicians take the most contributions from large banks? Corker, Warner, Crapo? Yelp. The best that money can buy. Wanna be heard? Better bring cash.
With Marco leaving...this will most likely be resolved within the next month. Discovery scares the hell out of those that done wrong. The cover up...is occurring now. Admit no guilt is our policy.
JC penny and Blackberry...Reading tough for ya?
The cover up is always worst than the actual crime. FNMA will prove no different.
I'm surprised she has not forced them to try and mediate the claim prior to discovery. It would give the gov a chance to settle and admit no guilt.
I have been flipping fluff shares and using FMCC and FNMA to avoid the three day trading limit by going back and forth. I am at the point now that I do not want to get greedy and be out when it rolls over many who are betting against the GSEs. We now have enough judicial momentum that I feel its a gamble to be out of the stock for me personally, even if it is just fluff shares. GLTA...next few weeks is gonna be fun.
No reason not to retest recent highs. This is less of a political play and more of a judicial play. We have 20 suits filed...one of them will end in victory imo.
I have said many times Fannie being private is a national security risk. They know it. Thats why it will never be private. Release with oversight.
I think its Ralph Naders group. You probably gave them your info when you signed into the savefannie website or they got your name off the shareholder list.
http://www.valuewalk.com/2014/03/fannie-mae-freddie-mac-sen-crapo-says-courts-will-decide/
No wind down with litigation pending folks. Release with no government backing.
Release with no gov back stop.
They will be released prior to reform. The reform will be through the banking services committee and will apply to all private banks and corporations. Folks forget that the gov. Spent 88 billion a month to prop up our economy. Dismantling Fannie could unravel trillions in bond purchases. Release to happen soon...no one takes blame. The American way.