Glen Bradfords delusional Post on SA !
Here is the link to Glen Bradfords delusional post
on his preferred position to convert to commons.
He thinks if he says it enough times it will come true.
New FEE most likely going away !
I’m sure the WH made one phone call to FHFA
and that was the end of the New Fee.
The New Fee is probably needed that’s why it
was initiated but again it’s an election year and
all of these things are going to get major scrutiny.
I hope to be wrong about this...we will see.
Cap Rule should have been complete !
Calabria failed to have the new Cap Proposal
ready when he removed the existing Rule. This
put everything else behind schedule by at least
If he supports what he has said in the past then
why hasn't he removed the NWS. Doesn’t make
any sense period when he is in charge of it.
Believe it the list goes on and on.
Calabria is dangerously behind in release !
Mr Calabria is now so far behind in his work
of releasing the GSEs that he may not be able
to complete the job before the next admin
gets sworn in.
If the goal is still to release the GSEs from
conservatorship then every day nothing happens
just pushes this closer to the edge of not
The courts are very weak !
Just remember the courts are very weak. They proved this
themselves because almost all of them so far have elected
to ignore the documents the GOVT is desperately trying
to hide and just look the other way.
It’s important to be at the ready to make a game time
decision on your investments if necessary.
My hope is that the Supreme upholds Law and Order.
Conspiracy, Fraud, and Theft on a grand scale !
The Supreme will either;
1. Uphold Law and Order
2. They will look the other way like so many Judges
before them have.
None of us know exactly how it’s going to work
out so we’re just gonna have to wait and see.
Long and Strong Fannie and Freddie Commons 100K/SH
FNMA Dividend History !
It appears the dividend changed on a month/year basis
according to these charts. Not sure how accurate
2006, 2007, 2008
Calabria should have already been Fired !
When Calabria removed the Capital requirements
without having the new Capital proposal ready is
the day he should have been fired.
Nobody and I mean nobody in the private sector
would have ever gotten away with pulling a stunt
like that. You would immediately be fired and escorted
out the front door.
He’s lucky to be still collecting a government taxpayer
Calabria is stuck back in 2007/2008 timeframe !
This is why he should have never been hired
for the job because he was always going to
relive and try to change history from 2007/2008.
He’s stuck really good this is why he can’t get
going on the release of Fannie and Freddie.
Calabria - Lift the GSE Monetary Caps !
Why you decided to do something so stupid
is unknown to anyone in the financial world.
You Cap the amount of retained Capital and
at the same time you tell us you want the GSEs
Hmmmmm....Brilliant thinking on your part !
FNMA - 25B
FMCC - 20B
That’s not always correct
The reason CITI told us why they wanted
a R/S is they wanted institutional investors
and the PPS needed to be I believe over 5
dollars for that to happen. Long time ago.
Mind you CITI was making good money at
the time of the R/S and good news was
pouring in about the banking industry every
After all was said we ended up with a lot less shares
and the PPS went down a mineshaft.
Here is my experience with R/S
I was involved with the R/S at CITI. It
was a 10 to 1 split. Sure the price went from
approx 4 dollars to 40 dollars.
Then the same day investors sold the stock
like there was no tomorrow. It took a long
time many many months for the PPS to
Besides that major drawback the GOVT is
not going to want a R/S either. It’s a dead
subject not gonna happen.
I expect a Biden Admin Poison Pill !
When you can’t derail something on its merits
then you can expect a Biden / Warren Poison
Pill to derail or attempt to block privatization.
If a turnover happens then an ironclad contract
needs to be in place.
The only reason we are at this point is because
Calabria is way behind where he should be in the
process. Major disappointment !