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In what way?
What do you know?
Spill it.
So Fannie has become a meme stock?
Didn't the conservatorship happen under Bush Jr via Paulson, not Obama?
What halt?
It's Presidents Day. Markets not open.
Did I miss something?
might be a "myth", but it won't stop the government from doing it.
I totally expect the government to exercise the warrants to "pay back the taxpayer".
i thought there were 1.16B commons
"If the 5th Circuit ends up siding with the government, it is on to the U.S. Supreme Court. "
What would stop the government from appealing to SCOTUS?
Hi Clark...
I know what the P/E means.
I just wanted to know how the person came up with 17 as the PE for Fannie.
How is a PE of 17 arrived at?
this order was a waste of time.
the gubmint has filed to appeal Sweeney's order for Motion To Compel, and apparently there is a Writ of Mandamus out there that the gubmint has filed.
Sit back and wait some more, folks.......................DAMN!
"The reason I bought into the socialized company Fannie Mae is because I want my country to have a strong middle class and I believe in the American dream. I believe our governments main purpose is to enable those dreams by taxing the wealthy more (including myself) and investing in poor minority communities"
Stop with the fake altruism....
You bought the shares to make a profit.
why would there even BE a split, Pat?
I can certainly see how you would come to that conclusion. Perhaps if Sweeney could give us a clue on how she got to this point, the delay would make more sense.
I'm not buying the notion "Wheels Of Justice Turn Slowly" bit anymore. The guy made some good points in his Motion.
As much as Sammons motion might hurt our case, I give him huge props for putting on paper what most of us have been thinking all along about Sweeney.
probably would take ME a long time.
since Judge Sweeney has been at this for much longer than myself (yes, that was sarcasm), i would expect her to be a bit more judicious and expedient due to her experience.
Anyone have any indication as to WHY it took Sweeney 10 months to make a ruling on only FIFTY documents?
Heck...............I'd like for him (Gaffney) to investigate the illegal naked shorting on the OTC boards that the SEC is ignoring.
keep this screenshot Patswil in case it is needed as proof of market manipulation.
depends on what the employee handbooks details out.
Mayopolous didn't get reprimanded. His girlfriend did. I don't think that there was a client relationship between Mayopolous and the 5th 3rd lawyer.
i think the lawyer will file a sexual discrimination suit.....because she's a woman.
and you know this how?
i smell a discrimination suit in the future.
This doesn't mean squat.
Big deal.
i might go along with no fiduciary duty to shareholders....maybe.
FHFA does have a fiduciary duty to keep the company sound and solvent until it can exit conservatorship, with the goal as exiting conservatorship.
"AIG should matter more to you In that, though they needed a "cash injection" there was:
1) another loan option the government did everything possible to prevent (it was china, and a legitimate loan)"
If that's the case, what did the judge say about this China loan for AIG?
The verdict he gave made it sound like there was no other alternative for AIG.
Why do people do this?
It serves no purpose.
Perhaps reading over the e-mail exchanges recently released by Judge Sweeney again will refresh your memory on intent of the conservatorship.
Also, possibly re reading the Washington Federal lawsuit which addresses the original conservatorship "agreement" will help explain my position (i use that term loosely because i have no doubt that the board at the time didn't sign on to the conservatorship willingly)
Really?
We're supposed to be happy with 20% ownership of a company?
Sorry....that's called theft.
Precedent in the sense that the company was stolen. But the difference is that AIG would've gone bankrupt without the illegal taking. Fannie didn't need an injection of cash, therefore could've existed on their own without the conservatorship.
I can't believe there are still people here who are ready to give up 80% of their company. $100PPS? Wanna explain how you got there?
There IS such a thing as Rule of Law, and that doesn't include stealing 80% of a privately owned company. Wake up and smell the jail time.
We deserve better than 20%....................WAY better.
When exactly did you think that FnF became "ponzi schemes"?
BEST. COMMENT. TODAY!!!!
"Among Sanders’ proposals is a massive expansion of the National Affordable Housing Trust Fund, with Sanders pledging to increase funding for the program, which helps address the shortage of affordable rental housing options, to “at least $5 billion” in order to “construct, preserve, and rehabilitate” at least 3.5 million affordable housing rental units over the next decade."
Wonder how he proposes to do THAT?
Increase g-fees?
Take more of FnF profits?
Are you Andrew Left of Citron fame?
You sound like him.
you "bark" because it sets a dangerous precedent for the government to unilaterally take control of ANY privately held company.
THAT'S why you bark.
i don't disagree...
but who got to judge sleet for him to rule this way?
Nail. On. Head.
You hit it.
Love,
Yoda
if you even bothered to read both of the filings, you would know the difference between Jacob/Hindes and Pagliara.
what a maroon....
why are you posting an article from December of last year?
where is Berko's proposal so that i can see?
how do you know this, Alexander?