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Calabria at WHF lunch: “I can only call it a myth, the belief that somehow got out there that [Fannie and Freddie are] not supposed to exit conservatorship without congressional action.”
— Katy O'Donnell (@KatyODonnell_) January 8, 2020
Fannie And Freddie Deadlines Front And Center $FNMA https://seekingalpha.com/article/4313819
Tomorrow stocks up or down due to Impeachment vote
So where do we see range for commons projections
A. ACG $6-$14
B. Ackman $22-$40
C. Preferred conversion - to - common
D. Common and preferred treated fairly
Lol. For me B and D
I guess John doesn’t like criticism. Lol
John Carney hack job at it again.
https://www.breitbart.com/economy/2019/12/14/fannie-mae/
Would like to talk FNM with you. Can you contact me at gretchen.morgenson@nbcuni.com?
— gretchen morgenson (@gmorgenson) December 14, 2019
Great explanation of derivative and direct claims with Sweeney and 5th Circuit rulings. Thanks! $fnma #fanniegate pic.twitter.com/ptTzTO9n8o
— Tim Dillen (@timdillen1) December 13, 2019
Great News!! https://t.co/TGsQi7X3GO
— GSE Restoration Team (@JohnDee78791547) December 11, 2019
Obi board sounds better then preferred board. Lol
From yahoo message board
Going to Trial - Federal Court of Claims - Judge Sweeney
This is being reported on ihub...
Quote “Sweeney decision... commentary below from Peter Chapman.
Under seal, Judge Sweeney issued an opinion and order (Doc. 447) this evening "granting in part and denying in part" the government's motion to dismiss. "The court grants defendant's motion to dismiss with respect to the direct claims and denies defendant's motion to dismiss with respect to the derivative claims. The parties shall propose redactions by 12/16/2019 and file a joint status report in which they propose further proceedings by 1/10/2020," according to notations on the docket sheet.
It appears Judge Sweeney was prophetic when she said "we'll have many days in court," at line 12 of page 255 of the hearing transcript from Nov. 19, 2019” End of Quote
Quote “Direct vs. Derivative - How to Tell the Difference
"Direct" claims are based on legal rights that belong to the individual shareholder. The plaintiff shareholder brings his own claim in his own name to vindicate the violation of legal duties to himself and seeking a legal remedy for his own benefit.
"Derivative" claims are very different. The cause of action in a derivative claim belongs to the corporation, not the shareholder. The shareholder asserts the cause of action in a derivative suit on behalf of the corporation, as a sort of legal representative or "next friend," because the management of the corporation refuses to do so. The legal duties in a derivative claim are duties that are owed to the corporation, not the shareholder, and the legal remedy that the court awards is for the benefit of the corporation, not the individual shareholder.
While the shareholder is the named plaintiff in a derivative action and the corporation is named as a nominal defendant, the corporation is the true plaintiff, and the shareholder as the representative of the plaintiff owes fiduciary duties to the corporation and to the shareholders collectively in conducting the lawsuit.” End of Quote...
It is beginning to look like Christmas by Tim Paglaria
And with this link
https://www.foxbusiness.com/real-estate/fhfa-poised-to-pick-wall-street-adviser-for-massive-fannie-freddie-ipo
It is beginning to look like Christmas https://t.co/S4UpGOfW4R
— Tim Pagliara (@timpagliara) December 6, 2019
The Treasury and FHFA needs a little diet from gobbling all of FNF profit.
Who is Pat?
Real Vision from Gabby interview on YouTube
From today’s WSJ pic.twitter.com/JhYkvShxGr
— Mark Calabria (@MarkCalabria) November 21, 2019
ACG present at Sweeney tomorrow
ACGA will be attending oral arguments tomorrow in #Fairholme vs. US before Judge Sweeney: https://t.co/xMNhDx41qQ #GSEs #housingfinance
— ACG Analytics (@ACGAnalytics) November 18, 2019
$fnma #fanniegate pic.twitter.com/nD0bBu7wis
— Fanniegate Hero (@DoNotLose) November 6, 2019
$FNMA $FMCC-> @BillAckman
So many distressed investors always lean toward owning kind of senior securities, I think have begun recognized that the upside here all the residual benefit will inure to the benefit of the common stockholders
$FNMA $FMCC-> @BillAckman
— InvestIt (@FNMA_RRR) November 5, 2019
So many distressed investors always lean toward owning kind of senior securities, I think have begun recognized that the upside here all the residual benefit will inure to the benefit of the common stockholders. https://t.co/jzMSefmQx3
Charles Gasbrino
BREAKING: @MarkCalabria says FHFA looking for Wall Street adviser to play role in public offerings for @FannieMae @FreddieMac; says Fannie/Freddie will be released from govt control by 2021; offering could be the largest ever, $100 billion or more @FoxBusiness $FMCC $FNMA
BREAKING: @MarkCalabria says FHFA looking for Wall Street adviser to play role in public offerings for @FannieMae @FreddieMac; says Fannie/Freddie will be released from govt control by 2021; offering could be the largest ever, $100 billion or more @FoxBusiness $FMCC $FNMA
— Charles Gasparino (@CGasparino) November 4, 2019
The more progress @realDonaldTrump Administration makes towards @USTreasury plan, the more difficult it is for a new president to undo. However, @USSupremeCourt could add uncertainty to @MarkCalabria 's term length. #GSEs
.@CGasparino on @FoxBusiness: @MarkCalabria in response to question on potential of Pres. Warren directing no release: "I'm an independent regulator... we're going to get them out of conservatorship; if you don't like it, change the law." $FNMA $FMCC
The more progress @realDonaldTrump Administration makes towards @USTreasury plan, the more difficult it is for a new president to undo. However, @USSupremeCourt could add uncertainty to @MarkCalabria 's term length. #GSEs https://t.co/Vmdsjtf83x
— ACG Analytics (@ACGAnalytics) November 4, 2019
Wow. Good job Gasbag.
If u do not like to release them change the law.
SCOOP: In an exclusive interview w @FoxBusiness @MarkCalabria says it doesnt matter who is president, he will be looking to release GSE's from government control in 2021; says opposition from a Dem like @ewarren would be ignored more at 130 w @TeamCavuto $FMCC $FNMA @FannieMae
— Charles Gasparino (@CGasparino) November 4, 2019
Looks like for the Collins submitted Cert, everything has been received for Supreme Court. Govt Cert is awaiting response from Collins due Nov 29th. $fnma #fanniegatehttps://t.co/X8bgdRVMpkhttps://t.co/bgoCU7rpXo
— Tim Dillen (@timdillen1) November 1, 2019