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5th Circuit? Good luck with that remedy.
31 CFR Part 901
You will notice there is no section titled "charity for FnF common shareholders"
Thousands of posts since the relevant court cases and yet it seems only a select few understand the outcomes here are limited. This 20 year old kid is not one of the select few, neither is Hindes, Howard and the like.
The most over looked factor is that the government has a legal duty to maximize recovery for taxpayers. Taxpayers, not shareholders.
And with that said, there is only one true likely outcome.
As Bradford likes to say "commons have no security". Well, commons have no security in any publicly traded company, in conservatorship or not.
What will happen to common shareholders, if Treasury follows the law, is a fait accompli.
More hopium posted by a kid that was 6 when all this went down. Not a great advertisement for SA.
Kevin McCarthy is so weak, he couldn't pull a wet string out of a cat's ass. And Janet is an old liberal fool with at best room temperature IQ. Nothing nothing nothing will happen with Yellen in charge. Don't waste your time.
Which means they aren't gonna do jack s**t
No no no, buy more. Take a second mortgage, get a car title loan, pimp out your old lady...just buy more.
Yeah but not all of us have the appetite to consume the vast amount of bovine excrement repeated on this forum. I've been in, around and intimately involved with work-outs and restructurings for almost 2 decades....and I'll bet my left one that commons will be screaming bloody murder when this is finally resolved.
No, I'm not a fnma bagholder like you
I'll be glad when all this is over...and Ackman loses his ass.
FoF - they will never be written down to $2 billion. Ever.
His ego is too big to admit he made a mistake. Simple as that. Even still, he will get the news before the plebs on this board, so he will liquidate ahead of the curve....probably crushing any "ignorance bounce". It's called insider information and insider trading....happens all the time.
Pags has a conch phone? ST will continue to eat jelly donuts with JY until the next administration.
A $1 ???? In some fantasy land maybe or after one helluva reverse split,
Rent free......still. Sad.
KT you're a smart man. I wouldn't bet a dollar on release during the Biden years.
What, no takers?
I'll bet you $100K FnF will not be released by this administration. Tell me when you're ready.
Once released, the BOD has a fiduciary duty to shareholders....not the DNC. Buying votes can't happen outside conservatorship.
This crap ain't going nowhere anytime soon. There will be NO release in a D administration.
Where do you come up with this crap? Not a damn thing is gonna happen while the D's hold the WH. A release means they can't manipulate. Thus, no release.
0.0005 to the moon!