Replies to post #766813 on Fannie Mae-No Politics (FNMA)

[akennedy_stocks]

Or a winning lawsuit that challenges this whole oversight and conservatorship! Otherwise Congress is not doing crap.

[navycmdr]

Don Layton ...



Q8: What actions has the Biden administration taken to move forward on the GSEs exiting conservatorship?

A: None. It is worth noting that it has also not taken any steps to end or modify
the continuing retention of earnings, which was instituted under the Trump administration.
Thus, net worth continues to grow.

[chessmaster315]

Im shocked at Bradford's, well, lets call it persistence, instead of stubborness. Investors, clearly do not agree with you the past couple weeks, because the commons have rallied substantially, while the preferreds pretty much did nothing.

In light of the fact "investors have spoken" in favor of commons, you stubbornly persist with your "commons have no security" hypothesis which is pretty much all conjecture.

The commons and preferreds are both speculative at this point, until such time as the GSE's are released from cship, allowing the GSE's to build capital and pay dividends (again).

The facts are that the government has confiscated dividends from the preferreds and commons equally...both were stolen 100 percent. There was no "preference" for JPS, the government stole from both.

Exactly what do you think will change this? Why would our government suddenly change course and steal from the commons and give to the preferreds? (That is dilute the commons but not the preferreds). They have been quite comfortable stealing from both commons and preferreds and keeping the money. So, you expect they will suddenly stop stealing from the preferreds and instead steal from commons to give money to preferreds. But you never have really said "why" the government will stop stealing from the preferreds, but steal from commons to give to preferreds.
Government does not care about shareholders of any class, and why would they favor preferreds later?

Your hypothesis is a post hoc rationalization to justify your wisdom in your preferred stock which conflicts with reality.
This is the reality:

The government does not give a rip about shareholders (common or preferred) and cares only about themselves.

[Freddie bagholder]

yes yellen and POS sandra are useless

[Donotunderstand]

Just to stress a point I have made several times

I disagree

I do not know nor do I care what FHFA is "doing - wants"

we need either
Potus-Treasury
Congress

FHFA has to listen and folllow