Are you saying that despite your [ "killing it" with Gild, KMP, TASR,and T ] you still failed to make "50k in the market." Your GF will unfortunately have to wait a long time for the chophouse ! You need to take her to the chophouse every night, make love to her passionately after that and say "honey, you are my gift every day." To hell with the market. !!! She may be your best investment !!!
Travel down memory lane, and one finds Obama was the best apparent choice at the time. Compared to all the other buffoons who stood the same chances as he did. He gained because he spoke very convincingly about the change that resonated with the Americans sick of being had by their leadership. Obama is losing height precipitously because he has gone on a tangent to his promises. He could have made a real difference had he stayed the course in correcting the wrongs committed by GWB of the WMD fame. Instead Obama chose to install WMD (Obamacare, FnF, NSA, Drones etc.) inside the very country he claims to be a citizen of. All we have witnessed over last two years is his administration suing the very institutions that contributed toward his climb to power and gaining huge settlements from their coffers. What else has he done worthy of popularity ? This was the perfect time the Elephants could have learned to dance. Together. But the likes of Mitt Romney, Sarah Palin, John McCain, tea party idiots et al fall short of presidential material. And trust me, Hillary Clinton is hardly worthy or capable of leading America too. So between 6 of one and half a dozen of the other, we are fokkedd.
I agree with the general substance you have submitted. Strangely, nobody talks about the benefits the government and its protegee ("the tax payers") reaped from the existence of these two GSE. Nobody ever mentions the scores of jobs their functions created enabling the government to tout their accomplishments in economic expansion. Nobody talks about a government's primary job which entails guarantees, and that's why we do have governments. But all the government scoundrels harp about is the "favor" they do for their citizens, in protecting their constitution, protecting their lives from invasions, protecting them against fraud, etc. Conservatorship as a means for protection was one thing, but stealing under that umbrella is outright fraud and illegal. Should a government be permitted to penalize its citizens because the government was called for the first time to shoulder the burden of their guarantee ? I don't believe so.
chessmaster315, I agree with you completely. Suggestive selling remains the backbone of marketing, and sadly its influence has permeated into conspiratorial hypotheses also. But some thrive on the nonsense !
Why not Simply retire? I'm confident this BOD will support that. They might even consider a severance ! Have a good one !
In addition to the valid points made by Chessmaster, Valueinvestor and Radclifff below, the preponderance of evidence is already established in the act of the taking. We are all "eye witnesses" so to speak and don't really have to prove anything else. One doesn't need any documentation to prove that. The act in itself is proof without reasonable doubt. What the discovery is intended to establish is premeditation whereby the companies were taken over by the powers to be, predicated on the planned stealing by Timothy Geithner, Hank Paulson, De Marco and all their partners in crime.
Most people here presumably own stock in numerous other companies that also have board of directors who are chartered with safekeeping of ethical and smooth operations of companies. Do they have the right to hand over our investments to anyone ? What if FnF were handed over to Bank of America, or Citibank etc. instead of the government, without investor's knowledge and consent, and without just compensation ? Would the courts force a plaintiff to prove that their company was taken ?
If there is any integrity left in our judicial system, this government WILL LOSE (and MUST LOSE) this case because documentary evidence will establish that they premeditated the heist, and the eye witness proof of the taking has already been established. Sure, every guilty defendant would attempt to drag out in their best interest, but they will eventually have to pay an arm and a leg for their crime. The most pathetic facts standing out in our face is the government's lack of remorse, the intent to wind down by our elected representatives, the arrogance and idiocy of their attorneys, and the sluggish confidence of judge Sweeney (despite her latest stand).
FnF shareholders need to chew that for a moment, and put a stake in the ground to not retreat from holdings in order to teach this body of criminals a real lesson in Constitutional Law. You don't change my Bill Of Rights unless I change my Bill of Rights.
Very well said isis. The government's interpretation of our Bill of Rights appears to be that they "have the right to take anything they want and the right to remain silent." The leader of this nation was supposed to be teaching Constitutional Law in Chicago, stood on the platform of transparency at elections, and is now stealing 'in your face' with impunity.
Hey, this is just the beginning, so why talk of it being over. I'm sure the old guard will continue to hold fort and poke fun at each other too. One thing we all can agree on is to disagree when necessary. That does not diminish friendship. Best, BullChase.
That has been my personal issue since the very start. I feel, once an illegal taking is established then recovery and punitive damages are in order absolutely. However, that said, the folks on the spot who have filed suit have to be thinking on same lines and pursue every avenue to recovery. The IRS charges interest on any/all dues not paid in time. Why should there be different application of the same laws to the government.
I just followed a google search provided by a poster here and arrived at a pdf document of Sweeney's order and opinion. Try google the following "Case 1:13-cv-00465-MMS Document 72 Filed 07/16/14" and see if you can reach it.
I read the entire case and feel reassured to the extent that judge Sweeney's highlights have hopefully redrawn lines of modus operandi. Since none of the circumstances or attributes of the case have changed over past many months, Sweeney wishfully should have taken this same stance 3-4 months ago, and brought the case so much closer to judgment. While I commend her language, tone and apparent intent, I feel we have lost valuable time in stopping the bleeding from the continuing illegal sweep. So I remain cautiously skeptical of future unfoldings in looking toward more predictable and controllable times. The mockery of the government must come to an end.
All this is over Sweeney's head. In a corporate setting, she would have been given ten days to assemble discovery requisites and start proceedings or lost her job. I have started to suspect that she is incompetent. She will probably wait long enough for Judge Lambert (sp?) to arrive at his decision and use that as a crutch before she will summon courage to declare anything herself. Thumbs down to Sweeney.
Agree with your last statement absolutely. Unfortunately, there's no stopping that momentum, regardless of political persuasion.
Thanks for your unsolicited editorials. As for your agenda, you know what you can do with it. Oh and one final suggestion .... this is not your father's board. Don't like what you see here ? Go pound salt.
Everyone to themselves jog49. I don't submit my opinions for people's approval or otherwise. Personally, I would never step on the American Flag to express my freedom of speech and expression, but accept our Constitution's granting to those who would, with humility. My freedoms are meaningless unless yours are meaningful.