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" getting my head around " why the committee didn't question Lew to explain or provide more details is what we all want to know. Not all representives and senators are bad but I do not understand why the good have not step up and demanded answers. Orin Hatch has been quite over eight years. Orin is trusted moderate Republican. He is no dummy. So what does he know or not know create cause for quite eight years ?
Navy was the recent Iowa court decision an appeal ? I was thinking we were beat down once in Iowa.
Yes, purpose of Perry Capital lawsuit was injunction to stop sweep until. But lambert said courts can not intervene and appealed court supported lambert. Court has to grant injunction but did I .
No republican approved, so it was non~partisan .
Short interest dropped 1% = 36% Approx
Insider down 1% = 28%
The biggest problem shorts are having, is lack of shares for sale at these prices! They can pay to borrow shares, but, a borrowed share doesn't close one's short position. The trading game of selling shares back and forth between accounts works going down, but, it takes actual shares to close out positions on the way up! Expect much higher prices as the shorts continue to work out of their positions in PLUG!
Also, does HERA deny shareholders rights ? Due
Process ? Use of property ? Etc.
Lol.i spent the day trying to figure what the hell was he/she. I remember my grandmother was bald and that increased my curiousity/confusion.
If FHFA is unconstitutional it.is possible the entire cship is unconstitutional. Get the 11,000 documents. Trump will be able to force Watt to account.
" "Is it really a valid contract when the GSEs seemingly had no choice?"
The GSEs did have a choice. The BOD believed, along with the rest of the country, that the GSEs were about to go bankrupt and all the mortgages were about to be worthless.
The GSE board chose to take the action they did. They weren't required to by anyone. They didn't even file a complaint. " "
REKO which BOD are you referring ? The BODs Paulson and Lockhart asked to leave that morning or face federal charges for interfering with government actions during a time of national crisis ? Or the BODs placed into position after the verbal exchange ? And, a Gag order immediate put in place and still active today. For your information , no vote cause FHFA declared shareholder voting rights suspended. Immediately. Maybe all circumstantial but strong. As. We seen, circumstantial or hard evidence, it is about lawyers and courts ideology that determines the outcome ? So let's cut with the arrrgoance, we know what happen and how it happen as it unfolds. What the violators do not know are the eyes, thoughts and actions that await them.
Did Admin say it would take 3 more administration for FNF to achieve the task of recap ? That would be 32 years, most on this board will be dead by that time. No common dividend for 32 years? And, where is all the money stolen ? All this shet, and no government backing and competing with the big money hungry bank whores ?
That is some great deal for the common , mr dealer. What happens to criminals and roque court system ?
955 has government every made a law that demanded a private company to specifically and singularly fund a social cause like HERA does ?
Sogo, agree. What are they hiding ? " Fannie and Freddie or Succesor " and " entity or new entity " begs the questions. You have that united investor pag saying common going to be wiped out while preferred made whole. Carl ICAN going to love that projection.
A question ...... Pags case for the books going to be dropped ? How about Berkowitz ? Collins ? Delaware Chauncry Court ?
Pag's needs to continue pursuit of books 2012 and 2008 or leaves to many questions open for debate.
This entire incident destroyed a lot of lives, savings and time. And the court system is an embarrassment.
The argument shareholders creed caused crises must be totally vindicated.
As for preferred, a crime was committed against common as well, so taken will be in play if talking successor or
other new entity.
I think nothing going to happen until desperate hour. Not sure why all current info strokes.
REKO , the portion in ABA article you decided not reference
" March 21, 2017
ABA Banking Journal
http://bankingjournal.aba.com/2017/03
” In a Q&A session following his remarks, Calabria said that the administration is also forming a group to determine the best way forward for Fannie Mae and Freddie Mac. “Our objective is ‘never again,’” he said. “We don’t want to be in a situation where we have to put tens of billions [of dollars] into these entities or their successors.” "
The reference implies FNF was only bailed out and FNF will not be bailed out or successor bailed in the future.
Why make a suggestion about a successor ? That is negative for shareholders. INMO
Not selling.
If Watt retires after 5 years as regulator in 2019 , why can he not remain as conservator indefinite? No legal time limit on how long a conservatorship or conservator . Only conservator can terminate a conservatorship. The conservator can legally or illegally do what they want says the courts and government. Has the courts set a precedents if one wants ro destroy American, one just install an unelected self govern conservator in key industries . Accomplished revolution without a single shot. Did Constitution intend such unchecked power to be centralize in one unelected individual ? Do Americans see the slippery slope we are traveling.
Gov forces Banks to originate subprime loans , loans blow up and gov forces FNF to purchase Banks subprime originations at full original value plus gov gives tarp payment to banks, and, now FNF sell discounted subprime back to banks and Banks have a probability of recouping full originated value plus expense in addition to all. T rear other STUFF IN THIS SHELL GAME FOR BANK PROFITS , must be nice to be a bank.
Posted 1.08 pm today
Steve Leesman reported WSJ EXPECTATIONS.
UK when you have opportunity, please summarize ~$0.11 eps vs ~$0.08 eps. My understanding ~0.03 difference was attributed to loan penalty ? If true, loss per share was ~$0.08 eps ? With the interest penalty accosted for, still remaining ~$0.08. is beyond expectations ~$0.05. Worse number in long time. What was reason for pour performance 4q if revenue up and sales up?
REKO we have fraud ( a crime). We have government committing a crime against the people. No way everyone in government didn't know. All the big bonuses and silence. Lot of people benefited at our expense.
Still on. Gselinks can provide details on progress. This accounting record fraud should open the door wide open. Now we need the records for cship. Then trump should have the Marines head to D.C. And remove the entire government body and have special election . That is needed to restore faith in government ?
Delaware Chancery Court should say illegal to sweep and criminal to fraud the books. REKO we have a crime. Law says can not use PRIVILAGE to hide a suspected criminal act ?
It is the fresh sept 7 2008, my wife woke from surgery to find our `156000 Fannie shares had tanked badly. She had the disorderly orderly lock me in a hospital utility closet. I just found the key under a rag. Hmmm Fresh air. Other than that , anything new ? Someone mention CUBS won WORLD SERIES
It shows up on Saturday, Sunday, Monday or Tuesday based weekend , holiday, sick days, vacation and available bodies able and authorized and duty to perform administrating.
Payment has been paid consistently on last day of quarter.
- $ 0.05 spread is loan penalty.
For break even -$.06 not even close with ITC.
1q has been historical lowest revenue q, w/o ITC. Q1 2017 looks bad for this Dysfunction company management.
" they say break even in 3 years " .....do you have a source please.
In my 25 years trading, having to explain an ambiguous financial statement is not good and only creates a shadow on those presenting it. This is the ugly birth mark associated with these clowns.
What do you think that outcome would be at scousa if 8 members split vote....;; no change, everything remains same. Need to wait for appointment.
Constitutionality of HERA or FHFA has not been challenge in the courts .
That is what they do. Much like unions and corporate America does.
Beta , I think you are correct. In metaphor terms, it is way past time to feed the gators. We talking about 2000 official feedings within next 5 years . Why so long ? The meat is soooo rotten, gator needs more time to digest.
It was order by Bush, can be found on google or any location search. Was all over the newspapers and media,
BS .... pelosi and Harry Ried sponsored bill.
The house and senate rolled over to democrate majority in 2007
Bill was passed in 2008
Bush and Paulson were Rhinos
No, because it is illegal and unconsrirurional to use private funds for social policy. Only tax represented can be used.
You sniffing to much toxic burger grease at bk ? Fannie tweeted they PLAN to send . PLAN is not conclusive. " are " is conclusive. PLAn is word Fannie rweeted.
You have that correct. It is extremely sad,
It was a " T " trade. Ask other knowledgable board folks for confirmation. As for mispelled "no" , soory,
If you knew any thing you would no otc trades do not trade after hours. Glutu
So you are saying the law as stands favors plaintiff . Therefore a standoff in SPCUSA favors plaintiffs ?
If scousa tie, nothing changes. Waste of time unless new justice is approved and votes.
Not unusual to see 7% to 10 % sales tax. Get rid of income tax and use sales tax.