Loser analyst is -10% against a benchmark. But he works for Goldman Sachs so he is automatically better than everyone else.

Can you pass the crack please.

What does L2 look like at 5?

Why is this prediction justified? We are talking about the commons right?

Its live on air now, tune into CNBC or Bloomberg TV.

Perry Capital just closed up shop. Not good my friends.

Funny, cause Gold closed down.

Maybe because gold miners are overbought.

Hit Piece

This guys has no clue, no clue. Time to send him some emails.

http://www.usnews.com/opinion/articles/2016-08-08/keep-freddie-mac-and-fannie-mae-on-the-federal-leash

We should have a rolling list of FACTS for these people ready to go.

Interesting first 2 pages on the following link

http://www.fanniemae.com/resources/file/credit-risk/pdf/connave-2016-c03-prelim-prospectus.pdf

How involved is the FDA in the stage 3 trail that we can correlate positive trial results to the fast tracking of alternative product?

John Carney and Balanced can not be used in the same sentence. He is biased.

What a great post to start a Monday. Thanks Commander.

Post Source

Hit Piece Out

http://www.wsj.com/articles/the-truth-about-fannie-maes-dividend-1462467606

Win in GSE shareholder lawsuits would be positive event for jr pfd, common equity holders; at the same time, the only near-term monetization would likely come from market appreciation, given probable higher capital requirements, Height Securities’s Edwin Groshans writes in note.
If Perry wins, expects DOJ to immediately petition Supreme Court (as per Treasury’s MetLife appeal); if court remains split, there’s “good chance” appellate court ruling would stand
Doesn’t see Fairholme oral arguments before Nov., more likely in 1Q 2017; notes sees sufficient evidence to support Fairholme claims
If holders win, payments may be accounted for as reduction in Treasury investments; sees Fannie (with $3t of assets), Freddie ($2t) as likely to be designated SIFIs, facing capital requirements on par with globally systemically important banks (G-SIBs)
Est. FNMA would need $190b of capital, FMCC $119b; sees such a “massive capital raise of historical proportions” as low-probability event
If earnings were to be primary mechanism for meeting G-SIB capital requirements, est. would take FNMA 14-21 yrs to accrete enough to meet requirements, pay off remaining Treasury investment; would take FMCC 12-22 yrs
If GSEs were to begin to accrete earnings, may be able to raise some amount of capital; if each were able to raise 30% of G-SIB requirement, would cut timeframe to compliance by 4-6 yrs for FNMA, 3-6 yrs for FMCC
Related:
Yday, FNMA Rises; Tilson Calls It a Favorite Stock Idea
Yday, Senate Banking Chief Pushes GSE Overhaul With GAO Report Request: BI
GSE Recapitalization Report May Boost Housing Finance Overhaul: BI
April 18, FNMA, FMCC Case May Be Sent Back Down to Build Record: BI

You actually made the right move having that much money at that time was incredibly risky. We have come so far since those times.

tweet @carney and tell him he is anti-American anti middleclass. He supports TBTF banks that will give short duration high interest loans to wealthy landlords.

The anti American anti middle class pos will probably post something soon.

This author thinks FNMA is owned by the Govt lol

http://www.benzinga.com/analyst-ratings/analyst-color/16/04/7825869/the-feds-dominance-over-the-banking-industry-in-1-striki

I responded to him as well. Told him that when Americans are buying high interest short duration loans from TBTF banks we can thank him for selling out the middle class.

You are absolutely correct. This country was not founded on the principal that the Federal Government can take your private property. Our liberty is at stake.

When our elected senators such as Bob Corker open his mouth on this issue he is being treason against we the people.

We must not let our country fall down this shameful path.

post link to source.

I don't trust Obummer to do the right thing. I expect him to do whatever his Socialist agenda wants.

Yes agreed I heard a lot people talking about not disavowing the racist group. He has to step up his game.

Periodic Commitment Fee
In 2012 the periodic commitment fee was suspended in light of the new dividend formula. Previously, Fannie Mae and Freddie Mac were supposed to pay a quarterly periodic commitment fee beginning in 2010, but Treasury had waived the fee every quarter.

http://www.fhfa.gov/Conservatorship/Pages/Senior-Preferred-Stock-Purchase-Agreements.aspx

Here is the link to the FACTS.

Yes but they keep spending the capital i.e. govt sweep.

I am just wondering if our out of control government will try to chapter 11 us.

He states he only owns preferred which I get, but does his funds hold commons?

Carney is a two-bit hack blogger

This is 5 months old, why do so many people post such old information?

he is a useless idiot. Send a tweet to @WSJ and @carney asking why they allow a blogger to write articles under their publication?

omg that video.

We need to put the politicians in jail. Senator Bob Corker needs to be put in jail for his actions in Congress.

So if Donald Trump will listen to someone like Carl Icahn, maybe the next administration can stop the thievery and corruption of our current politicians.

Thanks!

Where did it say that Berkowitz doubled down on the commons?

He always perfectly covers at the exact perfect bottom of the chart. He can predict the future.

Tennessee is doing us no favors as long they continue to vote for the corrupt Bob Corker. Bob Corker is anti-American when he is replaced in the Senate our country will be in a better place.

Does Carl Icahn still own commons?