Replies to post #663065 on Fannie Mae-No Politics (FNMA)

[Chaser13]

HIs article basically points out the absurdity of the entire case and the summation is all you need to remember. The rest is old with updated rehashed drivel that we all know all to well.

"It looks like the government is guaranteed a loss in the Supreme Court case, but it will be months before the justices release their ruling."

[jcromeenes]

While calling the GSEs the next Lehman is ominous, I do like the way the article ends.

"Waiting on the Supreme Court

The fate of the GSEs now rests in the Supreme Court’s hands. The court heard arguments last month about the absurdity of loans that can never be paid back. The fourth amendment and the liquidation preferences add on to the burdens Fannie Mae and Freddie Mac will never be able to pay back.

It looks like the government is guaranteed a loss in the Supreme Court case, but it will be months before the justices release their ruling."

[stockprofitter]

Another nothing burger from Bove trying to somehow to pump his P position.

[trunkmonk]

GSEs up today. He said s so shallow and swamping. Poor poor Ps and shorts.

[Donotunderstand]

why call it debt?

he knows better

seems a strange ugly story

[Donotunderstand]

why call it debt?

he knows better

seems a strange ugly story

[navycmdr]

" It looks like the government
is guaranteed a loss in the Supreme Court case, "