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That MAY be the reason for markets rising ? I read there is expectations or hope to reduce tariff from 25% to 10 % .
Is US/China trade meeting this weekend or was that last weekend ?
Yes, BERKOWITZ owned common and preferred. He sold some or all common to Icahn years ago. Recently Berkowitz sold a large sum of Preferred for what ever reason . So if he sold 1 share at high end , he could buy x shares Common and use remaining dollars for y something unknown factor.
I stated what I saw and stated I had no other information.
An article recently had Berkowitz saying he was purchasing common . I recall his statement without him elaborating on more specific detail other than being in position take advantage of any common upside. Don’t have anymore info.
What are you asking? The only point of the report was to indicate berkowitz holdings as of most recent . It shows otc fnma and otc fmcc . It also lists the the proffered he continues to hold. You can deduct these are the Only holding he has with gses.
Bonneville thank you for sharing your professional experience. Very enlightening and cuts trough a lot of bs.
Berkowitz holding common in both Fnma and Fmcc. So, no more quessing or misstating from the peanut gallery.
Savings and Loan
Bob promised banks who assumed liabilities of S&L , were promised gov assistance but had to sue government to enforce financial agreement ..... and won
A Indian reservation Casino
Indian reservation casino won in Supreme Court on gov promise financial assistance
A realistic post from Yahoo mb Charles.....
“ Mr. Marsh: You will never read this note and that is all right……It would make no difference in how you operate PLUG. But, it is an opportunity for me to express my opinion of how PLUG is managed. You have been President of PLUG since 2008 and in January of 2008, the per share price was $27.40.……….As I write this note, the share price (AH) is $1.77. NOT a record to be proud of. I have been invested in PLUG for more than four years. No one forced me to invest but I was impressed with the company’s potential and buoyed by the many promises you made over the years…… The Hyundai MOI, the 30M deal that never surfaced, China promises, Fed Ex right around the corner, a GSE deal, the multitude of earnings promises. Yes, you have accomplished some great things: the company is growing and has a stellar list of customers. You excel at dilution in order to keep afloat and enable expansion. All that is great …. It is just that after 10 years, we are no longer a development company but a company that should be showing a profit and rewarding shareholders… I once thought this would be a great investment for me …. Then later decided it would be for my grandchildren.. I now am thinking about my great grandchildren. If you were to read this, I am sure you would get my point.” .
I agree with this poster in addition to Marsh’s deliberate lack of transparency time and time again. I am still waiting on explanation for warehouse , $100 milllion loan vanished without accounting, details surrounding purchase of CVS (sp)? And, many more in the last 4 years. And how about these conferences that are vague on detail or avoid any account of production .
I don’t think that printing any new shares will be done. In my extensive study of HERA I can see no legal authority for that to be done. A “plan” of restructure, would have to be approved by congress or ordered by judge. A release under new rules of management could be done by Watts, as conservator, or Treasury. But no company structure change, until a new released company board (subject to real shareholder approval)
Agree ,
If FnF are utilities , if FnF are comply with charter ... how are they not under government control ?
The republicans maintained senate. Does senate seat Banking Commettee ? Democrats did not take over the majority . The majority party holds Chairman seat, curtenrly , that is not a Democrat
Fmcc has only 650 million shares . How does a couple of institutions own over 1 billion shares ?
One more correction...... 2015 $86 million , 2016 $103 million , 2017 $131. Million. .
2018 projected $155 to $180 million.
Now up 2018 projection $175 to $190 million.
CFO projects $47 to $52 million for 3Q a couple of weeks past.
1Q $27 million done
2Q $39.9 million done
If 3Q $52 million , then $118.9 for first
3 quarters .
4Q projects $56.1 million ro $71.1 million in new estimates.
They already projected area $175 million to $180 million in old estimates.
Why increase estimate to $190 million unless great probability of beating $180 million ?
And, Plug has beat revenue estimates consistently $1 to $5 million.
There is a good chance with this estimate that $200 million for 2018 possible.
If 50% revenue increase per year , then 2019 project $300 million and 2020 project $450 million revenue. Just continue 50% revenue growth. Only thing remaining is cash retention. How will cash increase.
Yesterdays close FNMA $1.28
Didn’t Andy state that Revenue would grow 50% per year for next 5 years ? I guess this year not included. To meet 50% revenue growth this year, you’re talking target would be $200 million revenue.
The Warrants are being challenged by several suites. The last minute filing suites had suites on the warrants and couple before that rush over years. You don’t hear much because the Warrants have not been exercised.
“ maybe, but now they could be worth $100 billion.
Dozens of court cases and not a single one has challenged the warrants as far as I know. I'd think that if they were illegal, someone would have challenged already.”
You made this statement before and it was addressed. If you don’r Know, quit posting and do your DD.
It said Fannie Mae.
You forgot George Soros and 2 funds of warren buffet.
1Affordable Housing
Manufacturing pre-fab homes
Subsidies
HERA unconstitutional ..... mandates amount dollars from GSE profits go to these causes.
Did anyone watching the bank settlements notice that banks were allowed to pay much less then damage caused ? Part of the settlement was cash penalty and other part an agreement to contribute specific percent of profits or amount annually to affordable housing amid other underserved needs. Welfare! Recent poll sent with 5 questions to public and taxpayers..... in a nutshell , do you feel funding affordable housing , the right for minorities and underserved to move in areas with better schools , job opportunities , crime free. And, who gets to fund ?
I am for crimes against GSEs go through the courts to determine if we have law or our government trying to further enslave middle working class.
Non-cumulative means you are not guaranteed a dividend. Stay focused.
If we go to trial, I would think all participants and whitness would be required to testify ? All books would have to accounted for ?
As for Judge Wheeler, he stated AIG have their shares, no taking occurred. The taking of the profits was a “extraction”. Again, filed incorrectly and time period expired for a proper filling.
It has been challenged . FHFA has our rights and shareholders have no rights to see the books .
Like a salad!
Did I hear correctly the new platinum stacks will be produced at 1500 a quarter, a month or a week ?
Dang you are on a row. Nobody since beginning of cship has discussed the interest charge on that debt if put on the books . But keep in mind gov wanted to giv the business to the big banks.
Yank makes sense why common hover down here, these crooked bastards benefit greatly if price held down increase the shares they issue.
‘ Watt not that bad” , correct , every female would love Watt as their employer. (Sarcasm)
Yank , like you, I don’t focus on one think to determine a trend or accidental unintentional event vs intentional criminal outcome . We have now seen 4 major attempts by the liberal to destroy our state of law.... 1, passing of HERA that demands unconstitutional enactment of law to steal profits ( for social purposes) from private companies , strip out due-process , deny private proverty rights , assuming government ownership of private companies by takings without compensation etc., etc. . 2. Creation of CSFB to abstract profits from private companies without due process for social purposes etc.., 3. Turning the judiciary on its head with this deny Judge Kavanaugh due process and fairness. 4. This criminal/treason by certain persons in government to unseat the President. All these acts associated with democrats. I think we have a issue far greater than any one issue. This major issue has to be address severely . As it stands , we have no due process and any one can claim to have been harmed and can falsify any harm or damages without proof. And, the accused must proof his innocence. Is this how government going to extract white wealth to distribute to minority ?
Illustrates priority of left wing media.
Please respond to the SEC:
We’re hosting a roundtable on Sept. 26 on combatting investor fraud, and we’re interested in your input! More details: https://t.co/CHnzoSVNtA
— U.S. Securities and Exchange Commission (@SECGov) September 23, 2018
I am with you and yank.
John Paulson made $42 billion shorting FnF into hell. Then purchase position at bottom. Then he designs a plan that actually delutes common shares more big time while he obtains par value preferred that increases his profits before being issued common to increase his profits even higher big time while screwing common royally. That makes Paulson bigger crook than government. I am 70 in October . My retirement is over in 2 years because of health conditions. Trump want re-elected , Moelis not answer cause all he has done is screw the common with Moelis . I will campaign against him on that issue. So how does Rudy know anything? Who,ishis source ?
Yank could not said it better.
If you hadn’t figure it out , we have some posters voice for gov and hedge funds. Ignor !
Fake news? Why would any those names fit with the Trump stated goals ?
I remember this time. After Enron, gov decided mark to market. Raines and Howard were not happy with the effect such account policy would have on the MBS business, delinquent loans , etc. . They fought it and it became became political. Rest of rumors and cooking the books for self benefit was all bs.
I would think sept 30 when FHFA decides to pay or not pay Treasury Dividend.