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Nothing about third quarter earnings? Complete silence.
I think it can be a positive influence. 14+ years of conservatorship.
Wish one of women is Britney Spears!
Her case may help anyways.
The companies I have worked for would not listen to a five year plan.
What about 5 days?
Lamberth is asking for the record. He asked for that before in a previous hearing and nobody could produce this record?
A major decision as the NWS should be recorded. They were not just taking the cash earnings, but also 500 million a year of the equity.
I am sure it was the decision of the NWS.
Geithner and DeMarco signed the third amendment, but the decision had to be made before that.
Who, all, was involved in that decision? There should be a record of that decision.
Probably Obama/Geithner made that decision, but did not want their names on the record.
No doubt. At gun point with a bazooka.
Nice, thank you.
Nice, thank you.
Wheels of justice are grinding very slowly.
Well said. FHFA and Treasury nothing but a bunch of swindlers.
I have also wondered who (and how) came up with 70 billion. It seems arbitrary.
But it is not law; it can be changed in the 5th amendment.
Lamberth's court case is most important right now.
No, I do not think you are wrong.
I see the same; July 22 was based on a jury trial of July, 11.
So, it can change.
If the treasury sells the warrants back to FNF at the current market price, it would be a small price to pay to avoid dilution of the common shares.
At the current market price a buy back would be appr. 4 billion and no dilution.
Government stole too much money already, but if this gets rid of the warrants then it may not be too bad.
Yes, I believe so.
No. Sweeney's decision is good; no changes can be made until Fairholme' s case is resolved.
Why would that screw up the case?
Thompson is not on Lamberth's case. Hume is.
That's it. The status quo cannot be sustained; it is just a matter of time.
It is when, not if.
Very curious, in my opinion, as well.
Status conference did not happen and then a bench trial scheduled by mistake?
LOL.
Just like Calabria, talking about pussy cats.
Shows to be a bench trial on Monday at 10:00 A.M.
Sandra Thompson said the end of C-ship will be a Cicada event. The things you mentioned can happen all at the same time.
Sandra Thompson said the end of C-ship will be a Cicada event. The things you mentioned can happen all at the same time.
Nice chart. Bolinger bands are very tight also.
I agree with you.
I like to believe something from the administration is going to happen before the jury trial. Just to make them look better or avoid the jury trail.
Terrible article. A liquidation preference, which can never be paid off.
What country do we live in?
There was a judge who said that the government was massively compensated.
Not sure about the name, but believe it was Owens.
Even Maxine Waters said so.
Did you ask him for what reason?
I believe that David Thompson is not on this case.
KFD
Kite Flying Disorder.
Come on. Nothing illegal about extending a loan, which can never be paid off?
What are you smoking?
That's it. The treasury is trying to weasel their way out of this predicament.
Warrants are used as a negotiation tool, even though they cannot be exercised without triggering new lawsuits.
Jury trial is not likely to happen.
What I wrote came from a communication between NavyC and a plaintiff's lawyer.
Again, it was not very clear, but maybe NavyC remembers more.
What is more important is what Patswil just wrote. Administration has to decide whether to go jury trial or not. Admin has to protect some individuals such as Hank Paulson, DeMarco, Geithner, Ugoletti and Parrot.
Congress wants the GSE's fully capitalized before release.
I can see release with consent decree, trying to avoid the jury trial.
FNMA was left out of the class action suit, because of some wording in the charter.
The charters for FMCC and FNMA are not the same and there is something in the FNMA charters that did not allow Class action suits.
The plaintiff's lawyer mentioned this at one time but did not explain very well what the wording was.
I would not expect to make much money, if any, from the class action.
The money will be made on the stock price after release of C-ship.