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.
"Is Moelis back in play? Looks like it!!
Moelis wants to convert ~50% of the JPS into Commons. How does this change $FNMA's future price?
It looks like JPS are going to get their Conversion after all."
Moelis are highly toxic for Trump administration with their conflict of interests. No way they will get any contracts from US Gov.
"Hindsight is 20/20 . It’s getting old people blaming Trump for spreading of virus and for Fannie shortfall.
This ALL BOILS BACK TO OBOZO not President Trump"
OBOZO was good in fooling public.
He became rich guy and middle class became poor class.
"donotunderstand "
LOL, I agree.
Thanks
"the care is not being dictated by profit - in particular in NYC where say 90% of the hospitals operate in the RED - live on donations - and have no shareholders
"
In US yearly health care costs are $4T to $5T.
Where does all this money go every year?
"China's economy crashed BEFORE ours:
For example: https://www.pymnts.com/news/international/2020/vehicle-sales-down-80-pct-in-china-due-to-coronavirus/
"
China's economy crashed because of its hardline position in response to Trump Fair Trade policies (America First and MAGA). China tried to play hard balls and dragged its economy in to crash/recession.
Other countries quickly renegotiated trade deals and saved their economies and built good relationship with US.
But the current US economic problems are due to new COVID19 that China gifted all in kind. There seems to be much more to this than simple explanations.
Equally there is a media fear mongering with focus on the scary part of COVID19. When you watch the WH briefings, it clearly shows ignorance of media correspondents. These media correspondents come unprepared and do not even understand technical and management details presented to them.
"While there already is a drug that works, lets go ahead an cut a hole in your throat instead, because ICU care is highly profitable for doctors and hospitals and most certainly manufactures of Ventilators will also benefit."
People need to start protecting themselves from these profiteers just like protecting their freedoms from tyrannical rulers.
Our elected representatives and officials need to unshackle the health care system from the un-elected deep state bureaucracy, the same way FnF needs to be unshackled from the un-elected deep state bureaucracy.
"a lot of thing are being tried.... none are due to Trumps guidance.... 1.5 months ago this was a hoax right?"
LOL, who said that it is due to guidance of Trump. This is how mindless politics works.
Basically Trump does not want to rule out any options or possibilities. It is about giving hope and not taking it out. Is there any problem with this?
BTW the hydroxyquinol treatment that Trump mentioned as possible game changer, is being mentioned as a possible solution by many countries worldwide. But Gov experts were slow to recognize it and allow its use.
We need to recognize Trump for removing all the bureaucratic formalities, making it easy, and allowing patients and their doctors to try out new treatments as last hope.
"Countries with higher Discipline & Ethics Levels will have lower death rates and Countries with lower Discipline & Ethics Levels will have higher death rates !
Seems the US becomes The No.1 Death Rate worldwide."
Yes, Both Discipline & Ethics are required for the survival and progress of any social group. Media is the blessing where Discipline & Ethics are the ways of life.
Greed and selfishness are the sure ways for self destruction. Media becomes the curse where Greed and selfishness are the ways of life.
"Over heard in mainstream media headquarters...
"Who leaked this? Gonna have to manufacture a new crisis from scratch and we won't be getting any mileage off Fall reruns either Dammut!"
"
Exactly, that is what is happening with msm.
In todays press briefing Trump mentioned that the Hydroxyquinol cocktail drugs are being tried for treatment COVID19 patients.
Trump said it will be game changer if this treatment works.
"I agree but the tide has changed with the En Banc decision IMO"
Yes, CA5 and to large extent USCFC rulings have changed the tide...
Now it is the turn of SCOTUS to play its dutiful role and set the things right. Almost everyone thinks that conservatorship has willfully ignored and violated the laws to harm the investors for the benefit of cronies.
"your pretty much saying the whole US system is either corrupt, incompetent, greedy, stupid, immoral, ignorant, or just plain out of touch with reality. I agree 100%, it took 60 years, but I now have not a single doubt in my mind."
It is just echo of what every one is saying including all politicians.
The system is not really any of these - incompetent, stupid, ignorant, or just plain out of touch with reality
It is corrupt intent, greediness, immoral intent... have shaped the system to look like what it is today.
Look at lawless FHFA conservatorship of last 11 years, and almost all including lawmakers agree that laws have been ignored and violated.
But our highly touted independent judiciary thinks otherwise. The judiciary even does not agree with defendant (what FHFA Director Calabria wrote before he became FHFA Director).
"Did yah listen to the CFPB oral arguments in the SCOTUS?"
Yes, There are many possibilities.
SCOTUS should have heard both CFPB and FHFA cases together to make it quicker.
Almost every one has criticized total lawlessness of Conservatorship for the last 11 years. Even the current FHFA Director has criticized the interpretation of HERA by previous FHFA/UST officials.
But judiciary has hardly done anything but support lawlessness of conservatorship and play usual politics with interpretation of HERA.
"Obstacles will be obliterated as a result then status will update outside C-ship while Squidmore and the Munchkin collect unemployment. Trump will provide the oversight big smile"
Most of the Judiciary has failed us.
CA5 and USCFC have done much better job.
So far SCOTUS has done failing job after it created the lawless mess by allowing exceptions to constitutional structure of three branch Gov.
Hank started conservatorship on behalf of financial establishment. As a investor UST has conflict of interest in ending consevarorship.
So far SM and MC have done extremely poor job as far as ending conservatorship is concerned despite WH policy directive to end conservatorship. It is time for Trump to ask some one else like HUD-BC to take charge of this.
"Obstacles will be obliterated as a result then status will update outside C-ship while Squidmore and the Munchkin collect unemployment. Trump will provide the oversight big smile"
Most of the Judiciary has failed us.
CA5 and USCFC have done much better job.
So far SCOTUS has done failing job after it created the lawless mess by allowing exceptions to constitutional structure of three branch Gov.
Hank started conservatorship on behalf of financial establishment. As a investor UST has conflict of interest in ending consevarorship.
So far SM and MC have done extremely poor job as far as ending conservatorship is concerned despite WH policy directive to end conservatorship. It is time for Trump to ask some one else like HUD-BC to take charge of this.
"You're singing to the choir here bro."
This was written supporting you. So it looked the same.
"Apparently we are not supposed to eat, drink, walk, talk, think, much less breathe or live without a rubber stamp from the beuracracies asserting their patent pending Monopolies on common sense as worshipped by mainstream media and the sheeple they herd. Sadly we're witnessing vast multitudes being herded off the edge of a cliff."
People are looking for cures or workarounds. It does not matter whether it is science, art or faith.
One side wants to delay and drag, until everything becomes worse. Other side is trying everything possible to solve the problem and help people
We have seen this happening with FnF and also happening with COVID19.
Trump should ask UST-SM, HUD-BC, and FHFA-MC to publish weekly status updates and the list of obstacles in the way of ending of mafia conservatorship.
"Calabria talked primarily about Mortgage forgiveness
during the current VIRUS economy - tacking on any missed
payments to the end of the Loan ...
"
Lol, Why is he not talking about bank like foreclosures?
Catman is a big hypocrite.
"BOMBSHELL! Proof of motive in the crime of Securities Fraud, found. "
Mafia Conservatorship has been the biggest fraud on the people that is still active and in progress by a Gov by/of/for the people in collaboration with private sector loan sharks.
They planned it for many years and executed the plan by telling every possible lies, knowingly made false promises and risked and harmed the economy.
The worst part is Judiciary has been the active participant in the fraud by allowing Mafia Conservatorship to do whatever it wants without any checks and balances.
If one thinks of what would have happened to private citizens if they were to do the same things, then it gives an idea about the nature of the fraud.
Things do not become legal or illegal because Gov makes the laws and judiciary allows it, otherwise any acts of barbarian Gov dictators should become acceptable.
"nope
The conservatorship did not CAUSE financial meltdown"
What are your facts. No facts just statement.
Looks at the market data before conservatorship and after conservatorship.
As a simple test take few stock symbols and see the chart..
"Dr. Birx said all of the flu models predicted somewhere between 1.6 and 2.2 million deaths if the government did not mitigate. It is not clear where she came up this this excessive number. Dr Birx said some models predicted half of the United States would be infected."
These doctors or experts belong to closed fraternity and they rarely disagree or contradict with each other.
"your failure to see anything clearly is a bummer
maybe after"
LOL, Did I say anything wrong or false?
"This begs the question:"
Are not these crooks doing the same things with FnF?
The Crook Hnak and his Fellow travelers caused financial meltdown with conservatorship. Another socialist crook started robbery with NWS to bankrupt private shareholder companies.
Dr. Vladimir Zelenko has now treated 699 coronavirus patients with 100% success using Hydroxychloroquine Sulfate, Zinc and Z-Pak [UPDATES]
TechStartups TeamPOSTED ON MARCH 28, 2020
"My apologies, my response should have been to the original poster, who asked of the doctor is a Democrat. Again my apologies.
"
Thanks, No problem at all.
https://techstartups.com/2020/03/28/dr-vladimir-zelenko-now-treated-699-coronavirus-patients-100-success-using-hydroxychloroquine-sulfate-zinc-z-pak-update/
Dr. Vladimir Zelenko has now treated 699 coronavirus patients with 100% success using Hydroxychloroquine Sulfate, Zinc and Z-Pak [UPDATES]
TechStartups TeamPOSTED ON MARCH 28, 2020
"Another link to the science showing chloroquine works and hydroxy chloroquine works even better..."
In WH press conference, Trump mentioned that hospitals are testing these drugs on sample of 1000 people in NY. It will take few take days before conclusive results are out.
Once effectiveness is proven, then all these lock downs should go away.
But you know how the health care system works. Unless they spend few billion dollars, few years of testing and produce volumes of reports, experts will not not agree that it works.
In case of many popular drugs approved, even after all these things have been done, drugs have been recalled for safety concerns. But in case of chloroquine, these drugs are in use for many decades for treatment as well preventive purpose. But media will come out with their own excuses to delay the general use and drag on the lock down.
"what scandal it that that DJT has not freed the GSEs after the papers on what Paulson and then Geithner did became public
Bush - Obama - Trump all guilty
can not blame one more than another --- easy to do it - but not right all have dirty hands"
DNU,
WS gang (Hank, Ben, Fellow travelers... ) started mafia conservatorship with consent of Bush saying that it was temporary.
Obama turned temporary mafia conservatorship in to unalwful wind down mafia conservatorship with bankrupting NWS.
Trump has issued "end conservatorship" policy order but WS gang is trying to delay it as long as possible.
Now It is time for Trump to issue "end conservatorship" order and put an end to endless mafia conservatorship.
"they need to get them free, back them, tell the story that the housing markets are secure and safe. big deal with panic in future. attracts big investors. story of dumping on commons to bring in institutions is just so dumb its not funny."
Yes, it is all about common sense.
Hank and Ben engineered 2008 financial meltdown with imposition of FHFA conservatorship during 2008 financial crisis.
Now during this COVID19 crisis, Trump administration should assure the markets that everything is fine with ending of conservatorship.
There is no better time than now to end conservatorship.
In todays "Waters' World", Waters spoke about how Ackman caused 1300 point drop talking gloom and doom about COVID-19 on CNBC, then profited on that.
"Calabria already said it will happen, and he has the power to carry it out. What more do you need to hear?"
When and where did Calabria say so?
Calabria has said, it is up to FnF on how to capitalize and meet capital requirement.
"The dimwit must have thought it to be a good thing because he has let it continue for his three years at Treasury! A typical Goldman Sachs leech still keeping the taxpayers at risk."
When appointees are new and fresh in the DC swamp they are honest and say all the good things and behave well. Once they taste life of swamp and get used to it, they become rotten like anything else in the swamp.
One can see the same thing happening with Catman.
Power normally corrupts and but power in swamp corrupts absolutely.
"Playing on semantics is boring and a fruitless waste of discussion since FHFA as conservator will NEVER order the BOD to violate it's fiduciary duty coz that would be suicide under the for cause clause. Yep, that would be the CAUSE!
"
Mark Calabria in a highly published article, criticized Hank Paulson and Ed Demarco for violating HERA and suggested that both should be pulled in a court to hold accountable for violating HERA. CA5 used this article in its ruling and ruled in favor of plaintiffs (against NWS).
After all this, it is highly improbable that Mark Calabria will do anything that is out side the traditional interpretations of FIRREA/FDIC laws.
FnF BOD/CEO continue to have corporate law fiduciary duties to shareholders. But now BOD/CEO owe fiduciary duties to Conservatorship (in the shoes of shareholders). However conservator can not violate HERA, APA and other laws and act in arbitrary manner.
So for Gov Courts have allowed Conservatorship to act in the best interest of Gov (even though controversial) and FnF. But courts will not allow conservator to act in the best of interest of private JPS holders harming the interest of CS holders.
Only problem with Catman is, he is obsessed with bank like capital, because he is surrounded by the MBA cronies and catman does not understand the insurance business model of FnF.
If catman takes a refresher course on insurance business model then he will stop giving stupid interviews.
"if true what is he waiting for ? seriously
"
People do not try to do everything and test everything.
"Regardless of what Trump can or can't do to Calabria, Trump is effectively out of the loop on this one now that he's complicit. Mnuchin and Calabria control the fate of the GSE's, not Trump and not the Courts, and not Congress. Those two clowns will decide sink or swim, and they've both tipped their hands already. Enjoy trading the dips and spikes, that's all she's good for in the short and long term.
"
Look at how Trump has acted in FnF matters and other matters. He remained silent for some time and issued WH poilcy orders to start the process to end the conservatorship.
One day Trump is going to tell the clowns to end the conservatroship no matter what excuses they give.
"Yes, Trump can direct Calabria to do anything he wants, just like he did to Jerome Powell when he told him to lower the rates or else. "
Irrespective congressional laws, Trump can fire anyone in executive branch under constitutional authority.
Fired officials can challenge under congressional law. DOJ will defend under constitutional authority. Constitutional authority always wins.
"Because it's not a loan. It never was a loan. Where does anyone get the idea that the seniors were ever a loan? The seniors are equity, and equity does not get paid back. Dividends do not reduce the liquidation preference of a preferred stock share."
One should be out of their mind to keep on peddling this lie or false narrative.
In US any company can redeem or buyback any investment like debt, PS, or CS. This is how it works with any company.
Is there anything similar to what you are describing that is not extinguishable like debt or investment?
That is why Judge Sweeney compared conservatorhip/UST to mob.
"an AMORAL GREEDHEAD ..."
It is mainly about "amoral".
It is about both CNBC and their guests like BA.
There were many like BA on cnbc.
"Ackman's hedge fund gains nearly 25 percent in early 2019"
It is not about some one making or losing money.
But how media like CNBC and how a investor like BA played the games with public and investors to manipulate financial markets in a national crisis.
Gov need to investigate.
"Either yah grabbed that link incompletely or it's already been censored wink
"
Link works but need to remove quotes.