Rubbish. Stepping in and taking action is what the government is supposed to do when the U.S. is threatened. Inaction is not an option. Read Paulson's book. Read the Constitution.
Just take a page out of the AIG book. Or many of the TARP beneficiaries, though many still scream they needed no bailout, but nonetheless paid back more to the government than their initial dole.
The government ACTED to prevent the collapse of the banking system and the country's economy. You guys can debate the motives or validity of their decisions, but the FACT remains that there is no evidence to date to validate and claims of impropriety.
Simple. The warrants will be exercised and the converted shares sold off, over time, as occurred with AIG. Then it will take time for the S/P to recover. In AIG's case a reverse split was required to restore a big board listing. Fannie is in better shape, so I suspect this step might be skipped. But the process will likely take 4-5 years and the patient investors that await the final outcome may come out with a handsome reward unless reform pulls the plug on government "sponsorship".
Nobody wants to give any government any money. Your comment is typical of the Greeks that would prefer their country go bankrupt and die than pay anything in. "Anything paid to the government is stealing!"
"Devil with the blue dress, blue dress, blue dress
Devil with the blue dress on."
Bwahahahahahaha! Ackman nailed you with a squirter!
If you mean Dendreon is awaiting a payday, your odds would be fractionally below Donald Trump announcing he chose Rosie O'Donnell as a running mate.
No, it STARTED with FDR to be accurate, not that accuracy was ever a goal of yours. Low-income, affordable housing was a goal when the U.S. was trying to exit the Great Depression and GI's returned from WWII.
Actually, George Bush got the train rolling, not Obama or Clinton. Low income borrowers were a miniscule part of the default/bubble-burst as it played out. The S/P is languishing because other than swing trading the range from $2.25 to $2.50, there will be no meaningful payday here or with Freddie anytime soon, if ever.
The mere fact that additional discovery is being so actively pressured clearly means that the plaintiffs have no smoking gun and a very pessimistic outlook for victory and recovery. And all the ranting and foaming at the mouth about "Fannie being stolen" and other such rubbish is just like Trump's childish vitriol about Megyn Kelly being on the rag. It only serves to weaken overall opinion and any initial gravitas in all this long-running litigation.
Actually, people lined up to buy Madoff's garbage because they were told it was almost "too good to be true"... which it was. So stupid, greedy jerks jumped on the bandwagon, dreaming of instant riches and ignoring the scam that under-pinned it.
Sounds a lot like the morons that bought the FnF dream. Morons like you, Sam.
This is a board for investors, not a forum for disgruntled employees to air out their beefs with Humana. Please find some other site on which to vent.
That's great news!
Keep those cards and letters coming right in!
Well, onehunglite, you are definitely right about two things. First, I agree with you that your English is pathetic to the extreme that you should just post in Vietnamese and hope a few people can translate it. And, second, I also agree with you on your admitted low IQ. You got that one perfect.