Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We generally get it from Imbellish. I hope he's still on this board.
Heads of @USTreasury & @FHFA personify PREDATORY. They forcefully lent $187 billion to @FannieMae & @FreddieMac . Got paid back $301 billion but claim the principal is still owed. Democrats & Republican Leadership have been complicit with their silence in this 16-year swindle. https://t.co/PMo0uWeUfI
— Guido da Costa Pereira (@GuidoPerei) September 20, 2024
In America, @FannieMae & @FreddieMac were forced by @FHFA to take $187 billion loan from @USTreasury to buy bad loans made by TBTF banks. They paid back $301 billion but the crooks claim the money is still owed. @SenatorTimScott refuses to advance @AndyOgles bill HR 5549! https://t.co/87RCVBuIgL
— Guido da Costa Pereira (@GuidoPerei) September 19, 2024
See attached link for cash on hand 6/30/2024:
https://finance.yahoo.com/quote/FNMA/balance-sheet/
Click on the Down Arrow for Total Assets. $106 billion.
I am a SHAREHOLDER. The government isn't. If it were, the SPS would be counted as capital and there would have never been a need for conservatorship in the first place.
Agree. But sad! Many "investors" promote some terms they don't understand. Some examples of the past are pivot security, IPO and capital structure. Our own Rick thinks getting rid of SPSA is free money. Sad! Sad! Sad!
Two people who were in the prior Trump administration, Mnuchin and Mulvaney, have acknowledged that the government has been paid back in full. Returning stolen property ISN'T free money.
How about an interactive tool to show how much @FannieMae & @FreddieMac are losing to the politically connected through your CRT program? We know you already sent $301 billion of their equity to @USTreasury for pet projects not funded by Congress.
— Guido da Costa Pereira (@GuidoPerei) September 17, 2024
FREE FANNIE!
FREE FREDDIE! https://t.co/8XwjQ7lfHR
Am I the only one left who knows that the conservatorship would have ended in 2012 if it weren't for Jim Parrott and his Fellow Travelers?
Thanks for the link. PennMelitia and I left our comments at the end of the article. Other shareholders should do the same.
It's even worse when the criminals work for our own government and @SenateBanking @BankingGOP do absolutely nothing about it.https://t.co/rvIU6bP7vy
— Guido da Costa Pereira (@GuidoPerei) September 17, 2024
"Conservator" @FHFA first sent $301 billion of @FannieMae & @FreddieMac equity to @USTreasury . It's now giving away their future profits to POLITICAL DONORS!
— Guido da Costa Pereira (@GuidoPerei) September 15, 2024
If US isn't a🍌REPUBLIC...
END THE SWINDLE!
FREE FANNIE!
FREE FREDDIE! https://t.co/P8AYS732Ga
You're right. But the past twelve years both Fannie and Freddie have each been earning more than $10 per share annually. After paying dividends to preferred and setting aside reserves, they could easily exceed $5 dividend per common share.
HOLD ON TO YOUR GOLDEN TICKETS!
https://finance.yahoo.com/quote/FNMA/history/?period1=221097600&period2=1687737600&interval=capitalGain%7Cdiv%7Csplit&filter=div&frequency=1d&includeAdjustedClose=true
"Conservator" @FHFA first sent $301 billion of @FannieMae & @FreddieMac equity to @USTreasury . It's now giving away their future profits to POLITICAL DONORS!
— Guido da Costa Pereira (@GuidoPerei) September 15, 2024
If US isn't a🍌REPUBLIC...
END THE SWINDLE!
FREE FANNIE!
FREE FREDDIE! https://t.co/P8AYS732Ga
Mark's chirping again.
No honest conservator transfers his wards' equity to a sister agency. Fannie Mae and Freddie Mac are at the mercy of crooked administrators.
— Guido da Costa Pereira (@GuidoPerei) September 13, 2024
It's not a conservatorship.
It's not a bankruptcy.
It's a swindle.
FREE FANNIE!
FREE FREDDIE! https://t.co/oWCnNBy3NI
I don't trust Kudlow. He already took $45 billion of FnF equity.
Set your watch back 15 minutes and it'll be customized real time for you.
The biggest scam perpetrated on Seniors (like me) and our retirement systems is the "temporary conservatorship" of @FannieMae & @FreddieMac by @FHFA to swindle their equity for pet projects not funded by Congress.
— Guido da Costa Pereira (@GuidoPerei) September 12, 2024
FREE FANNIE!
FREE FREDDIE! https://t.co/NAh5NIdFuc
Dates which will live in "Infamy"
— I Am (@TheYuckyOne) September 11, 2024
9/11 Attacks - 9/11/2001
Pearl Harbor - 12/7/1941
FNMA & FMCC Conservatorship 9/6/2008
FNMA & FMCC Net Worth Sweep 8/17/2012
How about combating the economic threat from our own government? 16 years ago it put 2 of the most profitable corporations in a "temporary conservatorship" and then swindled $301 billion of their equity.
— Guido da Costa Pereira (@GuidoPerei) September 10, 2024
If US isn't a 🍌 REPUBLIC...
ABOLISH @FHFA
FREE FANNIE!
FREE FREDDIE! https://t.co/v2Tt2CJtTM
Another 1,540 shares of FNMFO have traded so far today. Down $250.
Franklin is the only known holder of that many shares.
https://www.cnbc.com/quotes/FNMFO?tab=ownership
The big move today was 1,500 shares of FNMFO being traded. Down $950. Roughly $20 million changed hands. Wonder if there's some story behind this trade.
Pharaoh Sandra Thompson of @FHFA is usurping the mandates of FHA which is under another government agency @HUDgov as it's own. Why have two government agencies with the same mandates? Abolish the corrupt @FHFA .
— Guido da Costa Pereira (@GuidoPerei) September 9, 2024
FREE FANNIE!
FREE FREDDIE!
At one time I was roughly 50:50 preferred and common. When preferred shares were trading 5 times the price of commons, I sold the bulk of my preferred and bought commons. I have to thank the preferred for my common position.
Done. Thanks for the link.
Start with @FHFA the most corrupt agency in the history of America! https://t.co/0x09R7BtUl
— Guido da Costa Pereira (@GuidoPerei) September 7, 2024
Interesting take. Read entire thread.
We already have a small sovereign wealth fund. Fannie Mae and Freddie Mac. We didn’t even need to fund it with debt (We just pretended to.)
— Kevin Erdmann (@KAErdmann) September 7, 2024
1/
Attached might help the price go up short term:
#fanniegate @usnavycmdr @StankoniaCap @GuidoPerei @TheBurgosGrp @MurphreeRon @divemate @koryzuck @morales_karel
— MIA (@MIA95629998) September 6, 2024
This is all gets appealled anyway, but this is great news bcuz it is ELECTION INTERFERENCE to begin with.
So let's make it #TooBigToRig #VoteTrumpToSaveAmerica https://t.co/PDl19AtJhR
Thanks Eternal. I send my posts to Musk on a regular basis. Last one:
@elonmusk https://t.co/ITidsWAX6Y
— Guido da Costa Pereira (@GuidoPerei) September 6, 2024
On September 6th we observe the 16th Anniversary of @FHFA & @USTreasury making our once great country a Banana Republic by nationalizing @FannieMae & @FreddieMac under the guise of temporary conservatorship. pic.twitter.com/NR4FtN7lQm
— Guido da Costa Pereira (@GuidoPerei) September 5, 2024
Why don't you start with transparency here? Why are you guys keeping @RepOgles 's HR 5549 under wraps? Why was @jasoninthehouse 's HR 1694 stalled after a 425-0 vote in the House? https://t.co/gyjaC5bxR1
— Guido da Costa Pereira (@GuidoPerei) September 4, 2024
They’ll just call it “temporary conservatorship” and continue with slavery. Ask Sandra Thompson @FHFA about the 16 years of temporary conservatorship of Fannie Mae and Freddie Mac while her Agency swindled $301 billion of their equity.
— Guido da Costa Pereira (@GuidoPerei) September 2, 2024
Friendly reminder that the Federal Reserve has close to 1900 "other officers" earning an average of $268,000 per year to promote groupthink and general economic incompetence.
— Aaron Layman (@dfwaaronlayman) July 19, 2023
Total 2022 staff budget of more than $2.75 billion for over 21,000 employees. pic.twitter.com/YJr8F0yiAZ
After the last income statements were reported:
https://seekingalpha.com/article/4707972-federal-national-mortgage-association-fnma-q2-2024-earnings-call-transcript
https://www.freddiemac.com/investors/financials/earnings-releases
Fannie Mae $86.5 billion; Freddie Mac $53.2 billion
TightCoil: you've seen their debt, now look at their assets. They have $140 billion more in assets than their debt.
Why would the Harris Campaign hire the same scoundrels responsible for the Net Worth Swindle of Fannie Mae & Freddie Mac equity as Housing Advisors? https://t.co/3OAlotP7Qq
— Guido da Costa Pereira (@GuidoPerei) August 31, 2024
Patswil: you have to look at the source of her information. She hired the same scoundrels responsible for the Net Worth Swindle as her Advisors on Housing.
@FHFA @USTreasury & @WhiteHouseCEA officials caught plotting to subvert the US Constitution to finance pet projects not financed through Congress by swindling equity of Fannie Mae and Freddie Mac and keeping them in permanent conservatorship.https://t.co/CmxaieQoMa
— Guido da Costa Pereira (@GuidoPerei) August 26, 2024
I generally agree with you. But Mnuchin and Calabria continued to defend the NWS in court. Obama took $256 billion of FnF equity. Trump took $45 billion. It only stopped after the 5th Circuit Enbanc ruled it illegal. The ridiculous capital rule was put in place by Calabria who hid the stress test results that proved FnF were ready to be released.