I simply ignore after hour quote.
Sentiment: Buy
Nice...
Sentiment: Strong Buy
ILLUMINATI GOES PUBLIC with New World Order - Guess what, Apple is a member
You MUST WATCH THIS
Youtube Link Below!!!
watch?v=42N6LrEpPyI
Sentiment: Strong Sell
I love it when a well thought out plan comes together.
Sentiment: Strong Buy
Then it's not a true Equity Committee. Everyone knows that I am long on Ambac; however, In this regards, we need to form an Equity Committee which represents ALL Ambac shareholders.
Sentiment: Strong Buy
Just for laughs....
Sentiment: Strong Buy
If I had to tell you, I'd be doing all of your DD for you. Sorry, Bondholder...love don't live here anymore for people like you.
Sentiment: Strong Buy
The flood gates has opened folks...we will all benefit soon enough.
Sentiment: Strong Buy
By Bernard Vaughan
NEW YORK (Reuters) - A federal appeals court in New York said Friday the Federal Housing Finance Agency could proceed with its lawsuit against UBS AG (UBSN.VX) over mortgage losses at Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB).
Rejecting UBS' bid to dismiss the case, the 2nd U.S. Circuit Court of Appeals said the agency had standing to sue and did not wait too long to bring its case, having sued within three years after it became the conservator for the mortgage financiers.
The decision is a victory for the FHFA, which has been suing 17 banks and lenders to recoup losses that Fannie Mae and Freddie Mac suffered after buying roughly $200 billion of mortgage securities.
Friday's decision upholds a May 2012 ruling by U.S. District Judge Denise Cote in Manhattan, and its reasoning will apply in the 14 other FHFA lawsuits she handles, plus a 15th lawsuit pending in Connecticut. The other FHFA case is in California.
The agency had sued UBS for fraud and misrepresentation in its underwriting and sale of $6.4 billion of residential mortgage-backed securities that Fannie Mae and Freddie Mac bought from September 2005 through August 2007.
UBS spokeswoman Karina Byrne did not immediately respond to requests for comment.
FHFA General Counsel Alfred Pollard said he was pleased with the decision.
The Swiss bank had argued the FHFA's July 2011 lawsuit was filed too late because it was nearly four years after the last securities at issue had been bought.
But Circuit Judge Denny Chin wrote for a unanimous three-judge 2nd Circuit panel that the Housing and Economic Recovery Act, a 2008 law designed to stabilize Fannie Mae, Freddie Mac and other government-sponsored agencies, allowed the case to go ahead.
"Congress obviously realized that it would take time for this new agency to mobilize and to consider whether it wished to bring any claims and, if so, where and how," Chin wrote.
The FHFA became the conservator of Fannie Mae and Freddie Mac after fed
Sentiment: Strong Buy
Which is it, Class Action or Equity Committee? Are you calling the Class action the equity committee? I'm confused.
Sentiment: Strong Buy
Idiot, you mean BONDHOLDERS went out of their way to inform shareholders that they don't get squat. Since a lot of those bonds where purchased during the GREAT HOUSING FRAUD. BofA could tell you first hand, that fraud doesn't pay since they are on the hook for tens of billions in settlements.
yes...my computer keyboard is on death's door...sorry lol
@ifly1158, look all of the new bashers this morning..LMAO!!!
Sentiment: Strong Buy
Bashers = Bondholders....Trust me folks, they are very worried, and have good reason to be.
Sentiment: Strong Buy
Things are about to get very interesting. Look at all of the new bashers..lol
Sentiment: Strong Buy
So many angry bondholders..LMAO!!!! I bet all of you know what's coming to a court near you. Next time buy legitimate bonds,
It's funny how you believe that all who invest in Ambac are in denial and are fools. Yet you continue to post BS every single day. Why is that? Don't you have a job or do you live in your parents basement.
Sentiment: Strong Buy
Shorts better cover VERY soon. Now we understand why some major investors were buying huge block of Ambac shares over the past few days. If this doesn't signal a major buy to some of you side liners. You really shouldn't be investing..no pun intended.
Sentiment: Strong Buy
It will be the sweetest smell we''ll ever experience...our turn at ball is coming, and I see a grand slam in your future.
Sentiment: Strong Buy
The FAT LADY ALWAYS SINGS...and boy has she been singing lately. AMBAC stock cancellation...Now that's funny. As I and others have said on this board. Ambac shareholders are in a good good place. Some of you just haven't figured it out yet.
Lets see those bondholders POR that....LMAO!!!
Sentiment: Strong Buy