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Louie_Louie

10/26/22 7:32 AM

#737473 RE: jeddiemack #737456

Exactly! The trading price has been affected based on governments "leaked" information to media oulets for years, which puts a stragle hold on the GSE'S stock prices. Maybe this case and future cases should focus on forcing government to do its job! To switch from its obvious unconservatorship to actually conserving. It's a lame excuse by now to keep saying Congres blah, blah, blah should act. Those involved know dam well Congress will dead lock on this and nothing will ever be done. The courts should see this whole situation for what it is, an illegal milking of the companies based on their talking points about some future release that never comes to fruition. The courts should be exerting more pressure to push this in the direction that FHFA, treasury have purposely negligent too.

Every day this continues, shareholders are harmed. The government is trying to make it look like their confiscation of record profits was a happy accident because they boo, boo'd in predicting the future increase in earnings, which stinks to high heavens.