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YanksGhost

07/12/20 2:14 PM

#620217 RE: 10yrsholding #620207

I have commented on "the consortium" many times on this board. Just do a search of my old messages that contain "Kappa Beta Alpha" and "Government Sachs". Yes, I know the fraternal order of greed, only too well. But the relentless and sadistic hazing of investors has left the fraternal order in distress and in conflict with one another. The Icahn/Ackman feud started the depledging process during the Herbalife conflict. Then Richard Perry's world collapsed and the family feud began in earnest.

The Fannie Mae Consortium that led the charge to Moelisland has disbanded and is in legal and financial dismay. Reminds me of a dated but relevant Peter Sellers classic "The Mouse That Roared" except this time it is the shareholders that will finally roar and the Grand Duchy of Mnuchin's Treasury Department is going to pay the GSE War reparations. The evil forces that bet and won on the Financial Crisis of 2008 are about to get a giant nothingburger out of Fanniegate other maybe Pershing who is on the right side of this trade and seems to be resurging with "wins" while Buffet hits the skids.

JMO.
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Guido2

07/12/20 3:16 PM

#620223 RE: 10yrsholding #620207

You appear to be on the inside. Before we get to the litigating shareholders care to name investors who would be willing to subscribe to new capital raise knowing that in 2008 they were put in conservatorship when they had $95 billion in capital, after fresh capital raises? And then with their CONSERVATOR's blessing, had their Net Worth Swindled into the Treasury? Why won't it happen to their newly subscribed capital?

While litigating shareholders maybe be mainly preferred, the ones in the pole position are those with derivative claims. This swindle had gone on long enough and common shareholders won't stand for a Moelis SCAM.