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May the shorts soon be filed with sh!t
Need to get some popcorn for this show
I hate Moelis. Jus sayin!
It would seem to be something to write home about ... but the market doesn’t seem to care ... Yet!
The ONLY item that would need legislative action is to have the charters revoked. Everything else is can be judicial or executive.
I wonder if he’ll bring a date.
Glad you’re back!
“Some similarities”. If there are, and there has to be, tweeks to the “plan” to get more higher ups and stakeholders on board, then I would guess Prefs get closer to par and commons get a far greater reception back in the normal stock arena (ie. NYSE). ??
What’s your guesstamation of mkt price? Given all things know at this point.
I usually like to stick it around Ackman’s estimates of $23-$47 with the warrants in place.
For commons, Moelis is a joke. Mnuchin mentions housing is a priority (remember that day so long ago) and common jumps up to $4-$5 range. And it traded around $4 many times before that ... sooooooo, all this time for a double. Meh
As Trump would say
Hope he’s out soooooooon.
Woohoo!
Yes ... Congressional is doa. Judicial has an outside chance, but needs a court ruling going against previous rulings to get to SCOTUS. Executive is the most likely end game.
Emboldened by Their Successful Deplatforming of Infowars — Democrats Start Push to Stamp Out FOX News!
Looks like the democratic left is heading towards Goebbels in their view of controlling the news feed.
Jack @ Twitta must be running ihob too.
That’s just wrong. I enjoy your post. I’m sure lots of the readers here do too.
True. Looks like today’s “Big Brother” are tech giants.
Great stories. Just wouldn’t want to live them.
So “1984” and “Fahrenheit 451” are good roads to go down as a society?
You know damn right !
That last statement is funny. Are you a millennial?
In this case ... correct!
Don’t recall. Haven’t read it in a couple of years. But fell free to read and find out that for yourself.
Was that “quick” enough?
In this case ... No government charter is what he means.
He holds more weight than you give him credit for.
A preliminary scientific or technical paper. Often, authors will release working papers to share ideas about a topic or to elicit feedback before submitting to a peer reviewed conference or academic journal. Working papers are often the basis for related works, and may in themselves be cited by peer-review papers. They may be considered as grey literature.
Sometimes the term working paper is used synonymously as technical report. Working papers are typically hosted on websites, belonging either to the author or the author's affiliated institution.
After reading this paper is when I started buying. Go inside the head of an actual author of HERA author ... it’s straight from the horses mouth.
Not sure what HERA says about that.
But if you want to understand HOW HERA is being misinterpreted, then this weekend, read over Mark Calabria’s working paper on the subject at the Cato Institute. Working Paper No. 26 February 9, 2015.
He was one of the writers of HERA. He knows exactly what it was meant to do and exactly what the Congress then wanted in that piece of legislation. He doesn’t really like FnF, he believes in free markets, but realizes the twins are being treated illegally and unconstitutionally wrong. Read it !!!
It’s only 51 pages. It will help you understand how wrong Treasury & the courts are using & interpreting HERA.
Wow ... lots of buying into the close.
Maybe another position being built or adding more shares.
Price is climbing into the Friday close. Could this be the weekend that short sellers are like a moth throwing themselves into a flame?
To read Mike Calabria’s working paper, search for :
CATO Institute Working Paper No. 26
Written Feb 2, 2015
And Mark Calabria, who help write HERA and is now VP Pence’s Chief Economist, said that HERA was written to mirror the way the FDIC operates conservatorships.
That would be a really good start.
You being the mouse ...