Fannie Mae (FNMA) along4zride Member Profile along4zride Thursday, January 01, 2015 1:51:21 PM Re: None Post # of 283882 This is it. Ready for Fannie Mae blast off.
2015 is here and Fannie Mae is ready to end conservatorship and be recapitalized. Not to mention have profit sweep ended and re-list on big board. 4th quarter is now in the books and that is the end of that sweep nonsense. Fannie Mae will be the comeback story of this year, don't bet against it.
Arnold
Fannie Mae (FNMA) along4zride Member Profile along4zride Wednesday, December 31, 2014 12:41:23 PM Re: None Post # of 283882 Green is right around the corner for Fannie
No way this stock ever goes below 2 dollars again. Fannie Mae has this upcoming year to be released and recapitalized. Profit sweep will be over and Fannie will receive its coveted place back on the big board. This is the bottom before the big move.
Just so you know what Conservatorship stands for I located this:
Conservatorship is a legal concept in the United States of America, where a guardian and protector is appointed by a judge to manage the financial affairs and/or daily life of another due to physical or mental limitations, or old age. The conservator may be only of the "estate" (meaning financial affairs), but may be also of the "person," when he/she takes charge of overseeing the daily activities, such as health care or living arrangements of the Conservatee.
Conservatorship is established either by court order (with regard to individuals) or via a statutory or regulatory authority (with regard to organizations). When referring to government control of private corporations such as Freddie Mac or Fannie Mae, conservatorship implies a more temporary control than does nationalization. In other legal terms, a conservatorship may refer to the legal responsibilities over a person who is mentally ill, including individuals who are psychotic, suicidal, demented, incapacitated, or in some other way unable to make legal, medical or financial decisions on behalf of themselves.[1]
Conservatorship is a legal term referring to the legal responsibilities of a conservator over the affairs of a person who has been deemed gravely disabled by the court and unable to meet his or her basic needs of food, clothing, and shelter. There are two types of conservatorships: Lanterman Petris-Short (Lanterman Petris Short act of 1967, referred to as LPS) and Probate conservatorships. They are governed by the state's individual laws. In California, they are governed by the California Probate Code, and Welfare and Institutions Codes. Some states or jurisdictions refer to it as a guardianship, or even a trustee, instead of a conservator.
Conservatorships are generally put in place for severely mentally ill individuals who are gravely disabled, elderly individuals with Dementia or Alzheimer's Disease who lack mental capacity, or individuals with developmental disabilities who may or may not lack mental capacity. Mental capacity has to be determined by a medical physician or a psychiatrist experienced in the field and is documented and provided to the court as evidence.
A person under conservatorship is a "conservatee," a term which can refer to an adult. A person under guardianship is a "ward," a term which can refer to a minor child.
All the best of luck with your shorting of one of the most profitable companies on the planet.