non-convertable shares would be challenged in Delaware.

agreed it was an administrative nationalization.
they are scratching their heads of why this is not a direct claim.
all the lower courts failed the Constitution.
why else would it be here...before us as a derivative claim?
how do you remedy such an epic screw up?

you make it like it never happened.
we gotta do some time traveling back to the 3rd amendment.

five more years of purgatory.
thats if all goes great.
ok...im down for it.

FNMAQ<<<Not happening.

show me the Delaware filings.

Holden,

its not a bankruptcy.
its not chapter 7
its not chapter 13
its a conservatorship.

i would not lean on old info from a past senator.
its not going the way you think it is.
good luck with your play, dad will be proud of you no matter what.

btw, everything being done is fire control for a scorched earth scotus remedy.

they know its coming.

you and i both know they will not put them in receivership.
they are afraid to make any adjustments to them.
par and off you go...unless your patrick collins, he is gonna be uber rich.

its the end of the year, clean break financially.
never change...i like your pushback.

Thursday afterhours...
Thats my guess.
Nice long weekend, no one will notice.

Declas is coming.
We will find out soon if its a RICO.
Btw, its the perfect RICO if we had a justice dept that up held the law.

i think trump will take a flame thrower to the fake narratives we have been fed for so long.

truth is coming...hang tight.

Merry Christmas...another year down.
They cant keep us here forever.

i find it odd that they are in miami.
maybe "rich by thanksgiving" and "swole" are beach buddies.
i also noticed that the corporation listed is inactive in florida.
not really sure how that plays into anything...but you have to pay those filing fees if you want the corporate veil.

its a capital market.
why would they be spooked?
if they want to sell loans to more risky folks during the capital raise...nothing is stopping them.
free markets.

lol not calendar driven.
id say its more SCOTUS driven...we are cleaning up the crime scene.

probably more lovely articles to help us remember that fannie only survived because the gooberment save it bs...followed up by that debt has zero paid down bs. they know. they cant be that dumb.

I can wait five more years for the gse to recapitalize...i just had hoped it would not have taken so long.
I guess we are all in the same boat waiting.
Hopefully shares will increase as the books set aside more $.

SM pushed the gse reform to bidan.
Its a disappointment to those that wanted to see a faster relief.

i would prefer they drag it out until my funds clear.
just being honest.

scotus probably wants commons diluted as well to add extra damages.
did you notice how many questions they asked about how to remedy?
reconcile that against what you think may happen.

pretty sure that would be a DOJ thingy...that is not gonna happen.

FNMA or FMCC...last buy of the year.
tell me which and why.
no books...thx.

unless your talking BK that is exactly how it works.

I think we will vote on when to pay off the JPS as shareholders.
Not the other way around.

preferred is not preferred unless we are talking a BK.
thats not happening.

all we need is a consent decree, cancel the SP, debt paid, relist,...build capital for five years.
paydown JPS after capital requirements fulfilled.

thats plan A.

imaginary shares.
push some of those to my trading account.
remember when the rumor was fake shares was being issued.
i think that was the low for the boiler room.

i converted my position of JPS. the consent decree talk got me out.
i knew that was like a time machine that would push out a conversion at least five years. the likelihood of the stock advancing past that value seemed probable. lastly, the hearing...we are in the middle of a hearing that is awaiting judgement. that is in play as well...so for me it was an easy choice.

in my minds eye, i always assumed the closer we got to the end the less shares would trade...causing scarcity and then share price movement would move up.

i think sallie mae was around 530 on a friday.

this has been rolling around in my head all day.
can you feel it?

not a chance with the ruling pending from scotus.
they sure aint sending their best these days...regroup and think of something more likely.

someone should twatter this.
although it brings back bad memories...this is the truth.
imagine if bho would have gave the money to the people rather than the banks.

we would not be in conservatorship.

that needs a sticky.
for those in the back...its a win for commons.

that was not a remedy in the plaintiffs case.
pump it, pump it good...

maybe it was a curtsy to let them know what was going on and that their collective actions was being reviewed for Constitutionality.

thats what i want to believe.

ive often thought some here may be in on the boiler room.
its hard to say.
i think alot of the biggest critics are too young to know whats happening. smart kids...but just need a little more life experiences. its a storm of confirmation bias.

https://mobile.twitter.com/freefanniemae/status/1337242645442211840

scotus wants to over turn the 3rd amendment which is more than the remedy ask for Collins.
over turning the 3rd would be a huge claw back.

you converted.

sell the seniors back and the same price sold.

collins went light on remedy.
gave the courts the path of least resistance.
easy to defend.
the question is...collins laid out a complaint that led them to a direct claim.
its gonna be fun to watch.
nationalism seemed to be hard to swallow for the liberal justices.
odd.
ill take it.