Wednesday, July 24, 2013 4:59:15 PM
He has said numerous times that his goal is to dismantle Fannie and Freddie. No one following this story thinks F&F will remain when all is said and done EXCEPT for those who own high priced shares. Don't be fooled friend. The only reason why pps is holding up marginally is because of the millions of shares mistakenly purchased by retail during the hedge fund promo and dump at $3+. I'm not trolling (despite what they say), I'm just really familiar with the market and spent many of my professional years involved with politics and litigation - it makes me cringe to see how misleading the "information" here is.
*****There is absolutely no reason to think this is going to pan out for common shareholders.*****
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********************LATEST NEWS*************************
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OBAMA SPELLS OUT THE BEGINNING OF THE END FOR FANNIE, FREDDIE
http://blogs.marketwatch.com/capitolreport/2013/07/24/obama-says-its-time-to-turn-the-page-on-fannie-and-freddie/?mod=MW_latest_news
GOP BILL DISSOLVING FANNIE AND FREDDIE BACKED BY HOUSE PANEL
http://www.newsmax.com/Newsfront/fannie-freddie-house-gop/2013/07/24/id/516853
FANNIE AND FREDDIE PROFITS NOT GOING TO INVESTORS
http://seekingalpha.com/article/1568702-fannie-and-freddie-profits-not-going-to-investors?source=google_news
NC CONGRESS MEMBERS GETTING BEHIND PROPOSALS TO DISMANTLE FANNIE, FREDDIE
http://wunc.org/post/nc-congress-members-consider-bills-dismantle-fannie-freddie
HOUSE FINANCIAL SERVICES COMMITTEE PASSES BILL LIQUIDATING FANNIE AND FREDDIE
http://www.huffingtonpost.com/2013/07/24/house-fannie-freddie_n_3645608.html
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