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FSOC panelist "I don't take you seriously." talking to FSOC because of his concern of Fhfa 3% Hud ins prem reduction. His approach match down payment assistance to... (I'll have to go back and catch it) Let's address the elephant in the room. Lol listeners always get nervous if someone brings up GSE's
Brian Collins is on top of it! Thanks!
@carney: If you shorted $FNMA after my first piece on it (-53%) you would have beat Bill Ackman's young hedge fund crush. http://t.co/FtZsnZWO7I
Hearing entitled “Exploring Alleged Ethical and Legal Violations at the U.S. Department of Housing and Urban Development”
Wednesday, February 4, 2015 10:00 AM in 2167 Rayburn HOB
Oversight and Investigations
Sweeney is one smart lady!
will be at least 7 days
They're allowing seven days for redactions. If no redactions, will be available to public in seven days.
Ha! That's funny, only 34. The committee can make monumental decisions like SIFI designation to AIG, MetLife etc. I just wanted to see what Lew and Watt are up to together again today. :)
01/29/2015 TRANSCRIPT of Proceedings held on January 28, 2015 before Judge Margaret M. Sweeney. Total No. of Pages: 1-38. Procedures Re: Electronic Transcripts and Redactions. To order a copy of the proceeding (click HERE) Notice of Intent to Redact due 2/5/2015. Redacted Transcript Deadline set for 3/2/2015. Release of Transcript Restriction set for 4/30/2015. (ew)
126
01/29/2015 Notice Of Filing Of Certified Transcript for proceedings held on January 28, 2015 in Washington, D.C. (ew)
I was more interested in the structure. Pretty powerful committee, Lew is chairman, Watt, Yellen and 7 others are voting members. It's probably boring to watch. :) I've been in a meeting. I'll tune in now and let you know if I see anything interesting coming up!
video and sound shows on my iPhone :)
FSOC meeting Lew, watt, yellen etc
He said payment. So I was just answering when the payment is sent. Looking forward to run up to earnings report though!
March 31st
F.O.S. :)
We have the most, woo hoo!
They discussed it early last year. Finerman said Fannie, Freddie weren't going away. Her firm owned shares too. Some of the others bought some earlier. I'm not sure if they got burned on it, but at least they know what they're talking about, unlike some other TV hosts. :)
Perfect!
Send your stock questions to tonight's traders. #askfast @GuyAdami @RiskReversal @BKBrianKelly @grassosteve
— CNBC's Fast Money (@CNBCFastMoney) January 29, 2015
Thank you Sims! When I heard him on the line, I thought, what??
You said a conservatorship should be making decisions in the best interests of shareholders. Do you know that shareholders' rights are suspended under conservatorship?
I think some are waiting to see it on pacer before they jump in. It's still not posted.
thank you. That makes sense now.
Grover Norquist on cnbc
Great thank you! Did you catch the name of the one from fsoc?
I hope no one tampered with the phone line!
That would have been a great question. I was trying to get the name of that caller too. I believe he said he was from the FSOC.
Did anyone catch the name of the current caller?
So shareholders with more than 10% don't have any advantage? Thanks
Sorry, I did read through that, what's your point again, in regards to Fnma, Fmcc? TIA
You can't say that about Ackman, not true!!!
No more rights? What? What effect is someone that holds over 10% exposure going to have?
It's tough. We're fighting the US Gov.!! That in itself, keeps most investors out. :) We have to defend the 5th ammendment rights!! We are actively trading shareholders. We were not wiped for a reason...
If you have the time to sit down down with each individual, that is great
!! Really great!! If not, things like tomorrow's session should be good, phone lines packed already. More customer awareness of our side gives each person (what the heck? me too?) more demand for public info. Politicians feed on that. If they have a ground swelling of regular US citizens, they'll run with it., IMO
Yes, illegal, bad contract 101 :)
Good explanation! The truth will be heard!!