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Pfizer Inc. Message Board

  • fizrwinnr11 fizrwinnr11 Sep 2, 2011 4:18 PM Flag

    Dick Bove: Fannie and Freddie didn't fulfill their fiduciary responsibilities

    They were supposed to have underwritten the loans but they didn't. Also, it's unprecedented for these agencies to sue banks and brokerages for nonperforming loans.

    I continue to feel that these lawsuits will end up going nowhere or will be settled for minimal amounts.

    At any rate, nothing is going to be finally determined for years and 85% of my naked puts only go out as far as two-and-a-half months.

    As always, I remain ..... FEARLESS AND PEERLESS.

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    • The only people who are fearless are also psychotic.

    • It is true that you are without peer when it comes to gambling away inherited wealth, handing it over to us Other People, for which we thank you.

      I made big bucks taking the other side of your BAC bets. Thanks again.

      You're not fearless, simply oblivious to reality. Ignorance is bliss, until you lose your mom's house.

      You were one frightened, stampeded scaredy cat when you finally realized, far too late, that all your betters were right in 2004, 2005, 2006 & 2007, when you were spooked (or margin called) out of your crazy, maniacal options positions in 2008, at 300% booked losses, followed by 1000% on paper in 2009, after you so idiotically & insanely again ignored our warning not to triple down again in 2008, immediately after suffering such catastrophic real losses.


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