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EternalPatience

06/29/20 12:52 PM

#617514 RE: navycmdr #617510

If they really want to act on it as a priority, I agree


Hopefully July 1st gets a denial and everything moves forward Asap
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Commons_Cancelled

06/29/20 12:58 PM

#617516 RE: navycmdr #617510

Sr. Preferred Cramdown assures Recapitalization before Calabria's exit.

This is the only way to Recap FNMA before Biden reverses course.

It's coming amigos!
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Cockster434

06/29/20 1:07 PM

#617522 RE: navycmdr #617510

Shouldn’t this news take us higher?
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chessmaster315

06/29/20 1:18 PM

#617525 RE: navycmdr #617510

FHFA Unconstitutional: Supreme Court

While we shareholders knew that, having the US Supreme court to say it speaks much louder than when WE say it.

Now, the only question which remains is "What is shareholder remedy?" (For the government improperly and unconstitutionally "taking over" FNMA in a massive scandal of fanniegate deception engineered by the Obama Administration to confiscate the entire profits of the GSE's AND
violate the premise of the conservator which is to conserve and preserve "and not pay dividends" if it would result in undercapitilization. Which is exactly what the FHFA did with the net worth swipe...confiscating all the dividends and leaving us undercapitalized.

The obvious remedy? Put it all back the way it was before the conservatorship or the NWS. This would mean the government would owe shareholders around 140 billion, which amonts to about 128 PER SHARE.
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TRCPA

06/29/20 4:10 PM

#617598 RE: navycmdr #617510

Thanks very much, Navy.

So much for Calabria's bravado all along that he fully intends to serve out his full term.

It not only means he is out if there is a new administration. It means he can be dumped by Trump too.
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Jason-H

06/29/20 4:11 PM

#617599 RE: navycmdr #617510

I do not see why he wants to speed up. Just picks up his paychecks and waits for the layoff. Why hurry?

"That means Calabria will have to accelerate Fannie Mae’s"