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I'll be there.
Stay calm and be patient. I bought a boat load of FMNAS in 09. It tanked to about 30 cents I wanted to vomit blood. But no sense in selling pennies on the dollar. Now up over 700%. Taking ALOT more time then I hoped but I'm staying the course period. And thanks to all the fine folks in this board that give me faith everytime I consider bailing.
GO FANNIE. GLTA
King if I was you I'd be thrilled to own 45000 shares of the next big thing. Take a deep breath pour a drink and relax for the bumpy ride. Your going to be very wealthy. Just be patient. I'm up over 700% life is good!!
GO FANNIE. GLTA !!!
Along4zride.
Once again you are wrong. Ackman graduated magnum cum laude from Harvard and has a MBA from Harvard as well. He didn't become a billionaire making bad investments but by
making good investments. You need to take your trash talk to another board.
Go Fannie Go!
Amen to that brother!!
Go Fannie Go!!
I love my fidelity account. And if you every need to call about something you always get a friendly knowledgeable rep who speaks perfect English.
I too like this reply and wish I could see the post.
Maybe because history repeats itself. And I'd take $46 or $48.
Cramer is in the entertainment business. Period!!
GO FANNIE!!
Thanks for sharing. Love this.
Go Fannie!!
Along4zride. You'll be waking up to zero. I'll be waking up to 7 figures!
Good Morning IHUB,
The conversation here this morning brings me back to my childhood and the weekend family get together. Men smoking cigar's and drinking hi balls women cooking.... the conversation turns to religion , politic's and Vietnam. The conversation gets heated and sometimes ugly. But that didn't stop us from all getting together again the next weekend! Looking forward to the toast at the Wynn it should be very lively!! GLTA!! GO FANNIE!! AND GO DEUTSCHLAND!!!
He's going to file lawsuits! How about criminal charges and throwing the crooks in prison!
Personally I think I remember a follow up to a surgery 6/26 not 7/26
I too had 17% on my first home and refinanced to 9% when Reagan got into office.
Go FnF
The same week they were for the Crapo bill they were for Mel Watt increasing FnF role in the housing market.
Go FnF
No no no. So wrong. These shares are held by some of the wealthiest people in the country. Ackman didn't do a 110 page presentation to bail a few weeks later. No way Berkowitz is going to bail while in court that's insanity. Icahn just got in because he see's dollar signs.
GO FnF
Along4zride. Heaven help us you have relatives.
GO FnF!
By treasure I meant all the stuff they bought with the equity in their home. I know several people who had a ton of equity as I did, used their home as a ATM machine bought desert toys, river toys ETC ETC ETC. Lived in their home for free till they were finally thrown out and walked with the toys (treasure). I too could have done this but didn't. If banks are going to write down principle I want a percentage of my mortgage written down also.
I could address this all day but I won't. First if banks are going to write down principle I want a cut of that I had a grand opportunity to go "under water" and acted responsibly. I know a lot of people who borrowed every dime of equity and walked away with the treasure they bought. Second 25 and 35 year olds can't even find a decent job. They can't qualify for a car loan much less home loan a lot of the time because of low income and Student loan debt. And that's all I'm going to say about that!! IMHO Go Fannie!!
. Just have a tough time wrapping my head around some crook running his mouth and enjoying freedom when he should be in prison along with his buddies JMHO
Don't forget Geithner and Lew.
Gotcha
I agree. Lots of back peddling would need to happen. And someone needs to take the responsibility for this catastrophe. After the bond holders at GM got hosed they thought they could do whatever. They didn't count on fairholm ETC.
Fannie a stimulant?
He sounds like a stand up guy. But this DOJ that's a oxymoron. Justice is not in the equation here. This Goldman Sachs news Geithner Paulson and several others worked there before moving on to there Government jobs. This administration is timing these news feeds to coincide with these court cases. As I said earlier best thing is to come clean get sentenced and Obama can pardon you on the way out JMHO
Go Fannie
They think their superman. But unfortunately for them they have met there kryptonite.
Go Fannie.
I'm ashamed of myself for not including them !
That's a defense! Is their attorney in preschool! Everyone involved in this securities fraud and insider trading scandal should come clean admit guilt and be sentenced to prison time. Geithner, Paulson, Frank, Lew. ETC ETC. If they do it now Obama can pardon them on the way out of office. JMHO. Go Fannie!
I need to borrow your truck.....I'm going shoe shopping
Those are hot!
Thick as thieves they are.
Along4zride
Keep posting, I say keep your friends close and your enemies closer!
And me too. Great credit same job 30 years and never late. But with me the appraiser used homes in my area that were half the size and half the lot size. I filed a complaint with the banking commission and pitched such a fit they refunded my appraisal fee.
Truth is banks don't want to loan 30 year mortage at 4% to anyone
Jeddiemack
First thing Sunday morning and this is what I read. I'll be smiling all day.
Thank you I'm sending several letters
I'm sending my letter...
In an interview in July of 2008 (at which time Fannie Mae's stock was valued at less than $10, down from $65.73 a year earlier), Barney Frank said the following about Fannie Mae:
"I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under. They're not the best investments these days from the long-term standpoint going back. I think they are in good shape going forward. They're in a housing market. I do think their prospects going forward are very solid. And in fact, we're going to do some things that are going to improve them.
Then this from the New York Times 2/15/2014
This month, an internal United States Treasury memo that outlined this restriction came up at a forum in Washington.
The memo was addressed to Timothy F. Geithner, then the Treasury secretary, from Jeffrey A. Goldstein, then the under secretary for domestic finance. In discussing Fannie and Freddie, the beleaguered government-sponsored enterprises rescued by taxpayers in September 2008, the memo referred to “the administration’s commitment to ensure existing common equity holders will not have access to any positive earnings from the G.S.E.’s in the future.”
All the profit's from this publicly traded now highly profitable company are being confiscated by the the US Treasury. This is front page news. This is securities fraud!! Why does no one in the media talk about this?
Very Truly, Holly K
Along4zride. Step away
from the Hallucinogens and call rehab now. GO FANNIE!!
Along4zride is delusional.
I have gotten those also.