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At current prices, why don't the banks acquire huge stakes in both corporations?
Great start to:
New day.
New week.
New month.
For those confused: Gemini is Google's AI. There was no valid reason for conservatorship in 2008 and there's none today.
Replaced by:
My retirement got looted by @FHFA when it sent $301 billion of @FannieMae & @FreddieMac equity to @USTreasury to finance the administration's pet projects not funded through Congress. End the swindle!
— Guido da Costa Pereira (@GuidoPerei) March 2, 2024
FREE FANNIE!
FREE FREDDIE! https://t.co/M2a3gwuQXR
As long as Treasury's options to buy 79.9% of the common stock remains outstanding, I believe Ackman can continue accumulating till he reaches what would be 5% of the common stock on a diluted basis. That's my recollection of an old post from YanksGhost.
NOTE: I don't believe Treasury is entitled to exercise the warrants.
That was booked as income and then swept to the Treasury.
Thanks for sharing.
Were they beaconed by the $301 billion looting of @FannieMae & @FreddieMac equity by @FHFA & @USTreasury without any consequences?
— Guido da Costa Pereira (@GuidoPerei) March 1, 2024
FREE FANNIE!
FREE FREDDIE!
PUNISH THE CRIMINALS! https://t.co/DPMi93fWM6
Instead of conserving and preserving her wards' assets Sandra Thompson conserves the 15-year fraudulent "temporary" conservatorship of the 2 of the 3 most profitable corporations in the USA. She doubled her Agency's payroll.
— Guido da Costa Pereira (@GuidoPerei) February 29, 2024
FREE FANNIE!
FREE FREDDIE!https://t.co/qvZ6jV9Ffk
Good line. Will use it.
Didn't he pass away in 1995?
https://en.m.wikipedia.org/wiki/Loh_Boon_Siew
CE in CET1 stands for Common Equity. T1 is Tier1. If it's just Tier1 it includes preferred, besides common.
There's no need to raise cash. Treasury needs to return the overpayments and FHFA needs to revise it's capital requirements to reflects the stress test results.
Seems a lot until you multiple 240x.0012
ars=usd
Please let us know when you own some Sr shares.
DON'T REWRITE HISTORY. SVB failed because of the feds increased the interest rates and SVB ended up having a cash flow problem even though their assets exceeded their liabilities. For those who have been living under a rock, Trump stopped being President in January 2020. SVB failure took place in 2023.
According to their conservator "to conserve and preserve their assets".
I can't tell you which came first the chicken or the egg, but I can definitely tell you the share price decline began when Hank Paulson told his buddies to short them, and later dropped because they were put in conservatorship. It dropped further after being delisted by their regulator.
https://money.cnn.com/2010/06/16/news/fannie_freddie_delisting/index.htm
https://finance.yahoo.com/quote/FNMA/history?period1=1199145600&period2=1293753600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true
Different cases for those confused.
https://drive.google.com/file/d/1Gi-SmKIVT6qFJvUtotvpl8oUre2Oh0IB/view?fbclid=IwAR2x3KM0Aw3BPgkGLPwn6CASN9sJlhnEFMWzOZYexppTiblAX5ZNlkW6-dE&pli=1
Reading the first few pages looks great. Still reading.
Go Bryndon!
Go Fannie!
Go Freddie!
Agree that she knows. But she's doing nothing and needs to be exposed.
End the swindle! Release Fannie Mae & Freddie Mac from the fraudulent "temporary" conservatorship since 2008. https://t.co/4uVJ6N6tuM
— Guido da Costa Pereira (@GuidoPerei) February 20, 2024
Irony of the year:
ICYMI Director Thompson rang the NYSE closing bell today to mark FHFA’s FHLBank System at 100: Focusing on the Future report: https://t.co/t8DKStashu. Watch the video: https://t.co/bvnzmBmujY Password: qcdV9Uc4 pic.twitter.com/KNzeThNekT
— FHFA (@FHFA) February 20, 2024
According to Seeking Alpha FNMA closed at $1.31. Can't understand why it's different from others who indicate $1.27.
Can you provide one example of how the these articles hurt the shareholders?
Over 15 years since Fannie Mae & Freddie Mac were put in a fraudulent "temporary" conservatorship. Many parallels between Russia and @FHFA & @USTreasury .https://t.co/595KMSRTqY
— Guido da Costa Pereira (@GuidoPerei) February 18, 2024
I would like to invest in whoever supplies Don Quixote with lances, shields and armor. Another golden opportunity.
They have consistently earned over $10 per share the last 11 years. Even if they pay just $5 dividend per common share, they'll have plenty of reserves to soon redeem the preferred at par. At that point I would expect the dividends to be consistent with their earnings. I wouldn't sell for a penny less than Patswil's projections of fair value.
That was then. This is now:
GREAT NEWS: US SUPREME COURT ISSUES 9-0 RULING - FEDERAL AGENCIES CAN BE SUED - Open the floodgates and make them accountable.
— BelannF (@BelannF) February 15, 2024
In a unanimous decision, the U.S. Supreme Court just took another step at gutting the administrative state. The court just ruled against the Biden… pic.twitter.com/27Jw4Sgi3k
You can move it into your IRA account and not pay any taxes now. Buy the shares once it's in your IRA account. Or you could move it to your Roth IRA account and pay the taxes now.
Tweet of the day:
True story… ask @FannieMae and @FreddieMac about @FHFA conservation methods.$FNMA $FMCC pic.twitter.com/vRfSLZIqjo
— José E Burgos Lugo, PA (@TheBurgosGrp) February 16, 2024
Augie: I am sending it to Members of Congress and the media. I post my tweets here so I can get some likes and retweets. That way they don't consider me a lone voice. If I get a lot of likes and retweets from other shareholders, it's like all of us are asking for their release.
If you have some ideas please share them.
@FHFA @USTreasury @BankingGOP @SenateBanking @WhiteHouseCEA @FinancialCmte @FSCDems
— Guido da Costa Pereira (@GuidoPerei) February 15, 2024
Fannie Mae's Net Income was $134 Billion the last 10 years after paying $58 Billion in taxes. Yet it remains in a fraudulent "temporary" conservatorship since 2008.
FREE FANNIE!
FREE FREDDIE!
Roughly $51 equity per common share.
That's $15 per share after taxes! How many of the DOW 30 can match that?
ITEMS OF INTEREST IN QUICK REVIEW OF FREDDIE 10K:
PAGE 119
The Purchase Agreement also requires us to comply with the ERCF as published in December 2020,
disregarding any subsequent amendment or other modification to that rule.
PAGE 31
We monitor the costs and benefits provided by the CRT coverage we have obtained on a regular basis, including the impact of
CRT on our capital requirements under the ERCF. We may periodically terminate certain CRT transactions, through the exercise
of contractual call options, repurchases of outstanding securities, or other means, if we determine prior to contractual maturity
that they are no longer economically sensible.
PAGE 103 (LOOK AT IT AFTER WRITE DOWN OF SPSP, $12 BILLION TO GO)
CET1 capital 45
$14 billion of that belongs to jps. So roughly $33.7 belongs to commons. That is about $52 per share of real book value.
Sorry I didn't respond to your earlier post. Went for my morning walk after verifying Freddie had a great quarter.
Thanks MannSinger. That's over $16 eps.
Fannie Mae & Freddie Mac have been held hostages by @FHFA & @USTreasury for 15 years, 5 months & 5 days.
— Guido da Costa Pereira (@GuidoPerei) February 13, 2024
FREE FANNIE!
FREE FREDDIE!https://t.co/7uoYGVYA66
I thought she said that so she could deny knowledge of her former employers shorting Fannie and Freddie.
https://www.politico.com/news/2021/01/01/yellen-made-millions-in-wall-street-speeches-453223