i believe he has duties to fannie and its shareholders as a publicly traded company, and he may have stepped over the line...
i wouldn't be surprised if there has been some inside tipping going on, and intentional efforts to manipulate FNMA and FMCC in the market
deceptive practices and publications
not only that, but some say that "winding down" fannie and freddie would be a beaurocratic nightmare, and would be a travesty to dismantle them in light of the immense infrastructure fannie and freddie have developed over all the past years
and they're all named GARDUNIO
i have two body gaurds (2-G1's) and two body guards for each of those body guards (4-G2's), and two for each of them (8-G3's), that's 16 total body guards
remember when it would take 12 shares of fannie to buy a gallon of gas, or three to four shares to buy a bottle of water, and if you had a minimun wage job, used to be if you worked one hour at %7.50/hour you could buy 25 shares for that hour's work....and NOW, you can get a gallon of gas for about 1 share, you can buy 3 bottles of water, but your $7.50/hr. job will now only get you a little over 2 shares of stock.
All eyes will be on Fannie and Freddie....ALL EYES!
well, for one thing, under my theory, a dump of shares "in reliance" of negaive government action could strengthen the lawsuits
in other words, this "offer" was designed by legal minds to force the goverment between a rock and a hard spot, to force the rubber to meet the road where a bird in the hand is worth two in the bush.
plus, i believe the "offer" was merely meant to serve as a sword to force action by the government to release us from c-ship...that's all it is....it's not a "serious" offer and is going to cause a big, huge shakeup in wash.d.c
in the coming weeks, it is also going to force demarco to rethink his stance, as well as corker, warner and the hensarling sheep...this will happen in large part because the maxine waters group will embrace the "offer" and through a lack of insight into the larger scheme, will raise all kinds of cain when the "offer" is rejected...they will find that the offer must be submitted to shareholders, but wait, shareholders' voting rights were taken away...so the issue will end up being that there is NO ONE AUTHORIZED to accept this "offer." A great impasse will develop and legal minds will refresh the notion of the fiduciary duties owed to fannie and its shareholders....this will be a huge battle, all the while our price should continue upward and possibly reach $8 by the time the matter is resolved...by that time, all repayment will be made (net-zero i mean), then more good support from the NAR and other housing and banking groups will force the government to relent on dismantling, we get released from c-ship, move into the $15 range and everyone will be happy again