Posted On: 08/22/2014 8:30:55 AM
Post# of 64219
FNMA Recent activities 08/22/2014 07:30:52 $FNMA
Eating the apple twice seems to me more stealing of shareholders
when the sweep is overturned it will lead to the immediate collapse of the governments entire house of cards that they have built surrounding Fannie and Freddie. Judge Sweeney has already showed her hand by focusing on the fact that the conservatorship must end
From Tim Howard's latest blog
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
Time will tell
long and strong FNF
I know it is only seen as a token gesture, but I DID send information to Jon Stewart to see if he might investigate the debacle which is unfolding here. Stewart DID, as precedent, slam JPMC before for their stance on avoiding liability for acquired 'failed' banks of BearStearns and WAMU.
Given the income "sweep" and its unconstitutionality...he may take the torch and run with...at least for a stretch.
We need all the PUBLIC attention we can get in this...and, in my opinion, Jon Stewart's demographic is perfect for the cause.
Thoughts?
-Jest
Painful very painful.
The country is decaying from the head.
America = democracy = RUBBISH. They trying to rule the world and tell to other nations what to do.
Mr. Obama, your country has been steadily losing the credit and your coalition will turn their back very soon.
You have to take something before it will late.
.... sorry but the commenter is ill informed.
See my post from earlier today or yesterday clarifying the lawsuits.
The current ones are brought on by the department of justice, not the FHFA - and are government penalty fees for bad behavior.
Most of the lawsuits started by the fhfa already incurred settlements.
What the government is doing - effectively, is eating the same apple twice.
Don't let greed fool you - we as shareholders ARE NOT entitled to DOJ settlements.
Be well,
-zargis
No issue. Question was raised, I simply responded pointing that out.
Quote:
It was not leaked by plaintiffs so what is the issue?
That is so crazy and sounds accurate to me.....
BANK SETTLEMENTS TO TREASURY WITHOUT PASSING THROUGH FNF ARE STEALS FROM FNF SHAREHOLDERS!
a Comment left on TimH's website by HLL7575:
I would like to direct people’s attention to today’s settlement from BAC for $16.65B. If I recall, in the past year or so, most of the bank settlements were with FHFA/FNMA/FMCC directly, so settlement money would be reflected on FnF’s quarterly earnings. DOJ/Treasury appeared to get smarter (at the expenses of FnF shareholders) that recent and upcoming settlements would not go through FnF at all and straight to Treasury.
If this is the case, then FnF were forced to take in toxic MBSs while didn’t receive the benefits from settlements. So it is important to keep tracking the settlement money that has not gone through FnF, and future settlements as such, to accurately account for Treasury’s steal from FnF and their shareholders. It will definitely more than just the difference between Treasury’s bailout of FnF and the amount FnF have paid back so far.
Let me repeat: ALL BANK SETTLEMENTS STRAIGHT TO TREASURY WITHOUT PASSING THROUGH FNF ARE ALSO STEALS FROM FNF SHAREHOLDERS!
It was not leaked by plaintiffs so what is the issue?
It would appear Blackstone Doc was leaked AFTER court hearing on the subject:
Court transcript where leaks discussed: 6/19/2014
http://www.valueplays.net/wp-content/uploads/619-Hearing.pdf
Blackstone Doc Leaked: End of July
Quote:
Near the end of July, an unnamed source leaked a confidential Treasury document (see pdf) to the public, dated June 13, 2011, revealing the department was willing to go to bat on behalf of investors, particularly The Blackstone Group, to facilitate purchases of equity stakes in the companies.
http://nlpc.org/stories/2014/08/20/documents-...ofit-sweep
Leaked Blackstone Doc here: http://www.thestreet.com/files/tsc/common/pdf...0pitch.pdf
Once again, as Bruce A Thompson so aptly pointed out:
Quote:
Sweeney actually said
Docs leaked by the plaintiff could not be used in the case.
Quote:
I think these doc leaked happened before the order.
No, he is just letting his wild fox news imagination run wild, and try to correlate two seemingly unrelated issues for his own.personal gain. If there was a poop-bucket challenge instead of an ice-bucket Bove would have just earned one.
Maybe there's more to it that he knows that the mass public doesn't. For a reputable person to point the issues taking place at Ferguson, there must be more to it than what is showing...I wouldn't discredit him so early in the game...he must be showing us what's taking place that isn't easily visible...
I agree, I couldn't believe what i was reading, I used to respect Bove and always got excited when he spoke but now he lost all credibility and I don't take him serious like I did before. He must be down big on his FNMA holdings to show this kind of desperation. The two are so unrelated its unbelievable.
yes, on steps of fhfa, and in front of Treasury building
Investors Unite needs to plan a March/Picket
All great reads. We need more letters to the editors and representatives, our financial well being may well depend on it! Great work to those taking their country back! IMO
Eating the apple twice seems to me more stealing of shareholders
when the sweep is overturned it will lead to the immediate collapse of the governments entire house of cards that they have built surrounding Fannie and Freddie. Judge Sweeney has already showed her hand by focusing on the fact that the conservatorship must end
From Tim Howard's latest blog
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
Time will tell
long and strong FNF
I know it is only seen as a token gesture, but I DID send information to Jon Stewart to see if he might investigate the debacle which is unfolding here. Stewart DID, as precedent, slam JPMC before for their stance on avoiding liability for acquired 'failed' banks of BearStearns and WAMU.
Given the income "sweep" and its unconstitutionality...he may take the torch and run with...at least for a stretch.
We need all the PUBLIC attention we can get in this...and, in my opinion, Jon Stewart's demographic is perfect for the cause.
Thoughts?
-Jest
Painful very painful.
The country is decaying from the head.
America = democracy = RUBBISH. They trying to rule the world and tell to other nations what to do.
Mr. Obama, your country has been steadily losing the credit and your coalition will turn their back very soon.
You have to take something before it will late.
.... sorry but the commenter is ill informed.
See my post from earlier today or yesterday clarifying the lawsuits.
The current ones are brought on by the department of justice, not the FHFA - and are government penalty fees for bad behavior.
Most of the lawsuits started by the fhfa already incurred settlements.
What the government is doing - effectively, is eating the same apple twice.
Don't let greed fool you - we as shareholders ARE NOT entitled to DOJ settlements.
Be well,
-zargis
No issue. Question was raised, I simply responded pointing that out.
Quote:
It was not leaked by plaintiffs so what is the issue?
That is so crazy and sounds accurate to me.....
BANK SETTLEMENTS TO TREASURY WITHOUT PASSING THROUGH FNF ARE STEALS FROM FNF SHAREHOLDERS!
a Comment left on TimH's website by HLL7575:
I would like to direct people’s attention to today’s settlement from BAC for $16.65B. If I recall, in the past year or so, most of the bank settlements were with FHFA/FNMA/FMCC directly, so settlement money would be reflected on FnF’s quarterly earnings. DOJ/Treasury appeared to get smarter (at the expenses of FnF shareholders) that recent and upcoming settlements would not go through FnF at all and straight to Treasury.
If this is the case, then FnF were forced to take in toxic MBSs while didn’t receive the benefits from settlements. So it is important to keep tracking the settlement money that has not gone through FnF, and future settlements as such, to accurately account for Treasury’s steal from FnF and their shareholders. It will definitely more than just the difference between Treasury’s bailout of FnF and the amount FnF have paid back so far.
Let me repeat: ALL BANK SETTLEMENTS STRAIGHT TO TREASURY WITHOUT PASSING THROUGH FNF ARE ALSO STEALS FROM FNF SHAREHOLDERS!
It was not leaked by plaintiffs so what is the issue?
It would appear Blackstone Doc was leaked AFTER court hearing on the subject:
Court transcript where leaks discussed: 6/19/2014
http://www.valueplays.net/wp-content/uploads/619-Hearing.pdf
Blackstone Doc Leaked: End of July
Quote:
Near the end of July, an unnamed source leaked a confidential Treasury document (see pdf) to the public, dated June 13, 2011, revealing the department was willing to go to bat on behalf of investors, particularly The Blackstone Group, to facilitate purchases of equity stakes in the companies.
http://nlpc.org/stories/2014/08/20/documents-...ofit-sweep
Leaked Blackstone Doc here: http://www.thestreet.com/files/tsc/common/pdf...0pitch.pdf
Once again, as Bruce A Thompson so aptly pointed out:
Quote:
Sweeney actually said
Docs leaked by the plaintiff could not be used in the case.
Quote:
I think these doc leaked happened before the order.
No, he is just letting his wild fox news imagination run wild, and try to correlate two seemingly unrelated issues for his own.personal gain. If there was a poop-bucket challenge instead of an ice-bucket Bove would have just earned one.
Maybe there's more to it that he knows that the mass public doesn't. For a reputable person to point the issues taking place at Ferguson, there must be more to it than what is showing...I wouldn't discredit him so early in the game...he must be showing us what's taking place that isn't easily visible...
I agree, I couldn't believe what i was reading, I used to respect Bove and always got excited when he spoke but now he lost all credibility and I don't take him serious like I did before. He must be down big on his FNMA holdings to show this kind of desperation. The two are so unrelated its unbelievable.
yes, on steps of fhfa, and in front of Treasury building
Investors Unite needs to plan a March/Picket
All great reads. We need more letters to the editors and representatives, our financial well being may well depend on it! Great work to those taking their country back! IMO
(0)
(0)
