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The Law Must Be Followed !
Irregardless of what anyone wants the Supreme needs to follow the Law.
FHFA will screw this Up Again !
There is no doubt FHFA new affordable housing rules are going down the same road that congress did when they caused the Financial Crises.
Its the GOVT what else would you expect out of these people.
johnconnor1 You are Correct !
Video Clip Is Very Scary
IMO this is a very big problem for the GOVT if this is not settled and goes to trial.
Can you imagine all these characters involved getting subpoena into court ?
It will be a disaster for the GOVT.
The Supreme should Freeze all GSE Assets
I agree with your Post.
We need the Supreme to take all the pending court cases now (why wait until later) and settle this thing once and for all.
In the interim all non essential assets (other than day to day expenses) should be immediately frozen until further notice.
This way the stealing and further ripoffs will stop until the Supreme decides to end this GOVT SCAM.
Look at the current market cap FNMA
3.8 B Market Cap
1.2 B Shares out
Heck with the 4th QTR earnings alone FNMA can buy back all the existing common shares on the market. ALL OF THEM.
That is huge to be able to wipe the slate completely clean of commons if you can get everyone to sell. The chances of having an opportunity like that again are slim to none.
But this type of thinking is over the heads of most people.
The GSEs DO NOT need to raise Capital !
As I have said many times this drama needs to play itself out in the Courts where a huge award against the GOVT is awaiting.
Its gonna take time but it will happen. That's the capital the GSEs need to exit plus reatained earnings. Believe me you will be much happier this way.
Once again the GSEs should be buying back shares now !
GSEs should be allowed to Buy Back Shares
The GSEs should be allowed to start buying back shares now.
1. Why wait for the share price to climb before buybacks.
2. The companies need to maintain control at 51 % of the shares.
I know this type of thinking is way over the GOVT head and someone will have to sit down with them and explain it one spoonful at a time.
https://seekingalpha.com/news/3537953-fannie-freddie-gain-after-fhfa-hires-financial-adviser
Fannie Mae 5 Dollars
Freddie Mac 4.50 Dollars
You are correct Fire Mechanic !
We need a Grand Jury not a Fin Advisor !
All this phony talk about a Financial Advisor coming in to save the day is just one more Smoke Screen for the GOVT is using to distract everyone.
Here is what we really need;
1. Court Action...Court Action...Court Action
2. We need the Justice Department to get off their dead asses and call up a Grand Jury and start hauling all these characters into court one by one to stop the LIES under the Threat of Perjury Charges.
Enough of the Smoke Screens Already.
The GSEs DO NOT have a Financial Problem !
What we have here is a...Law and Order...problem with the GOVT committing many crimes against these companies. If the GOVT did not steal all the money they did these companies would be awash in massive amounts of cash.
Fraud, Conspiracy, and Theft on a Grand Scale.
Admin Does Not Have To Do Anything !
The current Admin does not have to do anything right now as long as the Courts are...Working in Concert...with them. They can hold off until early next year or if they win the election hold off years and years beyond that.
If the Courts decide to do their job anytime soon then we will see a resolution sooner rather than later.
Its the Courts that will make this happen.
Division Of Stealing Resolutions !
Hmmmmm.....The STEALING part sounds familiar.
NYSE and NASDAQ Listing Requirements !
Some slight variations may apply.
NYSE
To qualify for NYSE listing, a company must have at least 400 shareholders who own more than 100 shares of stock, have at least 1.1 million shares of publicly traded stock and have a market value of public shares of at least $40 million. The stock price must be at least $4 a share.
NASDAQ
Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company. Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.Aug 5, 2019
Josh Rosner is correct in saying it will take very little to almost...NO EFFORT...to relist these companies now.
To Hell With Settlements !
We need all Lawsuits to press ahead at full speed and reject all court delays.
Delays are what the GOVT wants and they do not care about any of us or our families.
The only way this ends is with a Court Enforced Settlement.
All this talk about Calabria coming in to save the day...Give me a break already with this non-sense.
Earnings on or about 2/13/20
You will get confirmation when the next set of Earnings are released on or about 2/13/20. If FNMA makes 3.5 to 4 Billion and the stock does not move then you know for sure they are playing GOVT games with the stock.
Why was Calabria even Hired !
He needs to climb out from under his desk and announce the Capital Requirements.
FHFA - Let Me Steal More From YOU !
The Courts are also...ALL IN...on slowing this down. Eventually they are going to have to get off their dead asses and do their job for a change.
Its PITIFUL to see how weak the Courts have become under Chief Justice John Roberts.
STOP THESE THIEVES !
This Must Play Itself Out in The Courts !
Anything and Everything that the GOVT is now doing with relation to the GSEs needs to be stopped. If they try and sell or convert the Warrants then an Injunction needs to be filed by one or all of the ongoing Court Cases to ensure that it does not happen.
A...Tidal Wave...of new common shares is not the answer anyways. This will drive the common down to about 10 cents per share, scare any future investors as far away as possible, and create a need for a massive Negative Stock Split the likes nobody has ever seen before plus who in their right mind is going to want to convert preferreds to commons that are worth absolutely nothing !
Not only did the GOVT take a Financial Knife to the GSEs they also created Poison Pills that would try to prevent anyone from Rebuilding and Privatizing these companies. Bottom line they did not ever plan to give up that money and they did not want to ever give up control.
IMO...The GOVT...CANNOT BE TRUSTED...with any of this and now the Courts need to decide every single thing that happens to the GSEs.
Squid Boy Wasting More Time and Money !
Why do these idiots need to hire Financial Advisors to sell stock ?
Stop wasting Time and Taxpayer Money and sell it on the OPEN MARKET like everyone else does.
Make no mistake about it they are trying to pull something while nobody is looking.
What a 3 rink CIRCUS SHOW !
GOVT doing Good Job !
I see the GOVT continues to do a...Good Job...at holding down the price of the stock both FNMA and FMCC.
This brings back some bad memories years ago when I was invested in CITI. IMO CITI and others associated with the company were holding down the price of the stock in anticipation of doing a 1 for 10 Reverse Stock Split. The stock was in the 3 or 4 dollar range and just would not move higher no matter how much good news was pouring in.
From what I can remember ( 10 years ago now ) they wanted to get the stock above 5 dollars for some reason or something and they needed the price up and said they had no choice but to do the Reverse Split.
Let me tell you here and now you don't want this no matter what type of story they are trying to convince you of.
First you get the Dear John Letter from the company informing you thru in the mail..well not really a Dear John Letter but you get the point the more you read of it the more you know your getting screwed over real good.
So they did the 1 for 10 Reverse Stock Split the stock shot up temporarily and then yes it wanted to go right back down to where it started at. Its a perception thing when this happens the Investors are all saying hey this stock should be at a lower price point than it is. In the end I had to hold this stock for years longer than I ever intended too ending up with only a very small profit.
Now Squid Boy is running his mouth again about the GSEs raising Capital. How about returning the Stolen Money 1st then we will talk about raising more Capital you little POS.
Only the Courts can put a stop to all this non-sense and yes like Navy has told us many times over the GOVT is going to have to be FORCED to give back the Stolen Money.
The Supreme Court !
Mnuchin / UST / HERA...Prediction
1. Chief Justice John Roberts...He rules whatever way the wind is blowing. Should have never been put in charge of this court. ?
2. Justice Neil Gorsuch...will take the lead against HERA
3. Justice Clarence Thomas...against HERA
4. Justice Brett Kavanaugh...against HERA
5. Justice Samuel Alito...against HERA
6. Justice Stephen Breyer...?
7. Justice Ruth Ginsburg...for HERA
8. Justice Sonia Sotomayer...for HERA
9. Justice Elena Kagan...for HERA
I see 3 that will be for HERA. It takes 4 in favor of HERA in order for the court to accept the case no matter how ridiculous it is.
Navy - The UST said this was Urgent ! ALL LIES
They are not giving further consideration to anything. If this was really Urgent this would have been Number 1 dealt with. All LIES.
The Court System is trying to figure a way out of this mess that the UST, TBTF Banks and Hank Paulson created long ago.
You, Me, and the rest of us are going to find out what the Supreme stands for today.
1. They uphold Law and Order
2. They let the UST, FHFA, and the GOVT Steal on a Grand Scale, Destroy American Companies at will, and Hide the evidence like a Mob.
The GOVT does not want a Trial
The GOVT definitely does not want a Trial. It will open them up for all kinds of damaging information to the Public.
Hell lets tell it like it is and agree that 1/2 of these aholes in GOVT should already be in jail for what they have pulled with this.
These people are running out of exits and I agree with some previous post that an agreement is all but assured if what we are hearing about the Supreme is true.
Myself I would love this to go to Trial so the Truth can finally be told to the Public instead of a PACK OF LIES.
RETURN THE STOLEN MONEY
All this talk from Calabria about making it easier to raise Capital.
The GOVT needs to return all the STOLEN MONEY thats where the Capital is.
The GSEs dont need to raise Capital they already have it when the STOLEN MONEY is returned.
Calabria idea of Raise Capital is another name for others to get their hands into the cookie jar so they can steal even more.
Calabria Today 12:00 - 1:30 WHF
Hopefully Mr Calabria will have something positive to say to start the New Year off in the right direction.
Where is the Justice Department !
Many are wondering where the hell is the Justice Department and where is the FBI concerning this Theft on a Grand Scale !
Calabria knows DAM WELL what the Capital Requirements are !
Im not sure who Mr. Calabria thinks he is fooling by holding back the numbers on the Capital Requirements.
He is just playing the GOVT manipulation game of...Ive got a carrot for you to reach for...and once the GSE's are able to reach it then move the Goal Post so its impossible for them to get there.
My Message to Mr. Calabria...we have all seen this GOVT game before. Release the Capital Requirements already...You are only making yourself look like a Washington Insider Swamp Rat.
Glen do you have an Opinion on HERA
Do you have an opinion on whether the Supreme will take up HERA or decline to hear it ?
NWS is still in Full Force today !
Its pitiful to see that UST and FHFA have not really accomplished anything in the privatization of the GSE's.
These people cant even find the courage to end the NWS Dividend Payout that the GOVT shareholders are getting and the NON-GOVT shareholders are not allowed to have.
Of-course they changed the name of the NWS its now called Liquidation Preference but its the same thing that still sucking the blood out of these companies.
My message for UST and FHFA......Get your Dam Dirty Hands off My GSE's.
The Supreme will decline to hear HERA !
I believe the Supreme will decline to hear HERA to crush all existing lawsuits. Mnuchin (UST) will fail to stop these cases from moving forward.
This will buy the Supreme more time to let this whole thing play itself out and of-course they can still hear each one of these cases one by one as they work there way up thru the court system if a reasonable settlement is not reached before then.
It only takes 4 Supreme justices to vote to hear a case then the court is forced to take it.
Don't forget the GOVT scratches each others back so don't be surprised if the Supreme lets UST and FHFA run us all over.
Obama was responsible for hiding documents so they cannot be read by anyone claiming National Security. Give me a Break !