Replies to post #685124 on Fannie Mae-No Politics (FNMA)

[CallmeBull]

Thanks Guido. I held put today as well. Will see how it plays out.

[CallmeBull]

Thanks Guido. I held put today as well. Will see how it plays out.

[uf-john]

Exactly, Calabria is out and we have Lamberth right around the corner. All it takes is one case where damages are rewarded to cause a domino of damage complaints that could lead to a windfall in payouts, which would either force a universal settlement with all shareholders, or there would be a fast reasonable scenario to make an exit from conservatorship. The SCOTUS ruling wasn't exactly what we wanted, but they did carve a pathway for the end of conservatorship via damages awarded by the lower courts.

[Louie_Louie]

Good points Guido. I am with you. Come hell or high water as they say, I want to see justice here for all shareholders and the capitalist free market principles we all believe in. More than willing to join an existing suit or sign on to any new one.

[EternalPatience]

You thinnk?

Think this way

New head confirm - 3 mos
Settle down - 3 mos
New capital rule - in 6 mos
Public response. - 90 days
Review and revise - 3 months
Public response 60 days

Lip service that tax payer shd not bail out - always 4 ever

[bcde]

"While it's mainly doom and gloom today, let's look at the bright side of the ruling:"

Very good points. Shareholders needed to win on atleast one or two points and shareholders got it - constitutional rights to sue and get compensated for taking their property.

One needs to remember that Gov/FHFA needs to win on all counts in all the courts but it is enough for FnF shareholders to win only on few points. This will make Gov either settle with Shareholders or end Conservatorship. No Gov wants to be on historical records for violating rights of its own citizens and that too when it comes to US Gov (purported to be leader of free world) it is much more so.

[GVInvestments]

I agree with you guido. In the long run we will get our fannie back and it will eventually be trading over 80 dollars a share.

[triloinc]

I’m confused. What does the third amendment have to do with this case? Third amendment states that no soldier shall in a time of peace be quartered in a time of peace without the consent of the owner.

[Golfbum22]

didn't Scotus just say Hera is legit and NWS is legit unless we sue saying unconstitutional lingo they said