The five year redemption window for FNMAS comes up first on 12/31/15. $25 plus cum divvies in a liquidation before commons see diddly. Plenty of incentive to liquidate shares when Perry bought in at around 50 cents.
That's a nice "Santa Rally" result.
Think you better check your revenue number. Revenue for Q3/2014 was $29 billion. FNMA revenue could not have declined to $5.8 billion.
You are correct about he progress made since conservatorship was set in place. The FHFA has done an outstanding job of cleaning up the huge mess inside Fannie and Freddie.
As Lew clearly informed Capuano in Hill testimony, there was no loan to repay. The sweep is to pay for the government backstopping GSEs wit the risk of another $187 billion bailout. So the sweep remains in full force and effect, consistent with Judge Royce Lamberth's ruling.
Capuano is a well-intended Liberal that serves basically the same District 7 constituency as Tip O'Neal and JFK served in the past. His interest in affordable housing is popular since his Congressional district is very concentrated with minority voters. Among his largest campaign donors in the past are realty and homebuilder contributors. Who better to benefit from the GSEs being released with no responsibility to pay for the backstop. "Hey, just stick it to the taxpayers all over again."
Why don't you just post them under your other ID?
Liar, liar, pants on fire.
Your videos are toast except in locker rooms and drug-infused Hookah joints in decrepit strip malls that cater to addicts.
What's that sound I hear, there, sue? Could that possibly be the sound of the I-hub message police rendering another opinion on those videos?
Bwahahahaha. I am not a prophet of any kind. Never claimed to be. You are likely to get in a lot of trouble if you keep up this campaign
By the way, I am a shareholder in Fannie. I just happen to be a FAIR one.
Thanks for devoting your first post under your new ID to me, Trevor.
Much of the content was crafted by a college student presuming to know everything about housing and reform of the housing market including the GSEs. Smart kid. Huge ego. Very low credibility based on inexperience.
The 3 part (to date) video campaign sets a new low for gutter tactics that now will inevitably be heard in many courtrooms as decisions get handed down on the fate of the GSEs and their shareholders. Objectionable content is not likely to win many friends among the jurists hearing these cases.
That link is OBSCENE and drops so many "F" bombs that it was banned by investorshub. The fact that you revel in its obscene content defines you, sue, as a disgusting, sick, immoral and anti-Christian person with no redeeming value.
Zack is smoking crack.
Sue is talking smack.
Cheese is a total quack.
And Sam is never coming back.
These are the 4 immutable laws of YMB.
Bawoosh. There goes bashorcash down the troll bowl to join sam and cheesemaster in the ignore#$%$ identity vaporization nation.
Why would anybody post worthless drivel like this, sue, unless they were a STOOGE ?
You have degenerated from posting Pacer stuff to posting garbage.
"Thanks, sue." That's what all your cronies say. Let's just update that to: "Thanks, Sue, for being a MORON."
It is unlikely any decision will be handed down in Delaware until February, 2016 since briefs do not have to be filed until the month prior. February would be a VERY optimistic timeline for any resolution.
People of any class or color are vulnerable to GIVING UP when 99% of the wealth gets gifted to the 1% wealthiest Americans that get EVERYTHING while they get NOTHING. Don't be surprised if, someday, the beaten-down classes let the Bruce Berkowitz/Bill Ackman crowd learn how to grow their own food, clean their own toilets, mow their own lawns, cook their own meals and watch their kids die in an unattended doctor's waiting room because the NP's booked it for a freehip-hop concert in the park.
Be honest, newbie. What you are asking for is absolution for yourself.
Everything else is just rubbish.
What's really discouraging to me is that the sick reality of what was promised for a week as a "huge bombshell game-changer" for Fannie is nothing more than a klanstyle diatribe that reduces intelligent debate over reform vs. release of the GSEs into a polarized "play" of the Race Card so investors can reap huge windfalls on shares they bought on the cheap, post-conservatorship.
Sickening. Some of you should be ashamed of yourselves.
This Trevor Thompson video is a disgrace. We are now entering The Twilght Zone where not releasing the GSEs is a violation of the Civil Rights Act?