Hmm, Watts claiming that the GSEs have been reformed AFTER Ackman drops one of his lawsuits, Fannie and Freddie had huge profits and Cramer goes on TV talking about the housing industry in a positive light and dropping Fannie by name? I forgot to add in the lumping Dems took during this election cycle.
I am going with FnF being released from conservatorship soon as a strategic move by the Obama administration. Also, with the woman from the JP Morgan whistle blower story naming Eric Holder as not really wanting to go after the banksters like he should have, Holder leaving at this time is very interesting.
It's a wrap.
Sure I can say RELEASE.
I like the way you say that.
Did you know that?!
the board of directors, executives, somebody could still say the word "shareholders".
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal. It is a government-sponsored enterprise (GSE), though it has been a publicly traded company since 1968.
Publicly traded companies are able to raise funds and capital through the sale (in the primary or secondary market) of their securities, whether debt or equity. This is the reason publicly traded corporations are important: prior to their existence, it was very difficult to obtain large amounts of capital for private enterprises. The profit on stock or bonds is gained in form of dividend or capital gain to the holders of such securities.
...but he won't...why?...he's not a CEO or board member of the GSE's...he's the REGULATOR...it's only proper to address all people who has an interest in the GSE's as stakeholders not shareholders....now if the CEO or anyone at the GSE's address them the same way then it clearly shows that they are following the regulator's footsteps...
Way to be positive,you go girl!
You have to dance like that at the toast. you're not out of FnF forever, no way!
$FNMA~Sold your .25zzzzzzzz???
So we reload .10zzzzzzzzz, YES?
So you switched them to Freddie, big deal! ????
I have no FNMA shares left...
US TREASURY TO FANNIE. THANKS FOR THE
Cash. Now get back to work and keep them checks coming.
All of it . Every dime until you are put out of business.
Shareholders? Too bad. The get nothing now or ever. Fair value
.25 cents per might happen down the road but its for investors
pre 2008.
$FNMA~ Blame Canada, LMAO!
And some people think fraud only happens on the OTC.
Normally the majority of all civil cases settle before courts render a decision for the reasons you've stated.
Quote:
I don`t beleive either side want to risk court deciding outcome as both could barter better outcome for themselves through settlement.
The only problem here is that the defendant is the U.S. Gooberment, and there is no individual that would loose if the court finds in favor of the plaintiffs... For this reason there are many judgments against the Gooberment that we all collectively pay for. All the Gooberment has to do if they loose is say, "Add it to our bill". Basically the delay, in and of itself, is considered a win.
For this reason, I do not believe there will be a settlement for legal reasons, or motivations. However, there is a chance of a release from C-ship for political reasons before the courts render their respective legal decisions IMO... Time will tell.
May more step forward. May more finger pointing. May more criminal prosecution. May more finger pointing. May more politicians and government agency resign nf go to jail. May FnF be redeemed. May shareholders be fully restored.
Oh, Canada!!!
Powerful stuff in this article:
Quote:
Instead, one of the few references to her role in the government's JPMorgan investigation came in an 11-page "Statement of Facts" that accompanied the November 2013 civil settlement. Without using her name, the statement cited the letter she'd written to a bank official, and said it had been distributed to other executives.
"None of this was disclosed to investors," the statement said.
Going public with her account has left Fleischmann feeling "a little bit lighter" she said Friday, between televised interviews in New York City for Democracy Now!, MSNBC and other media outlets.
"It's almost like I'm a part of the coverup if I don't say something," she said. "Securities fraud is just stealing. And I would never be a part of that."
Her decision to speak out sparked almost immediate reaction. Several attorneys handling private civil lawsuits against JPMorgan have gotten in touch hoping to arrange consultation sessions, said Fleischmann. Aiming to broaden the impact, she planned to launch a Twitter feed.
Her message, she said, is relatively simple: Concerned citizens should contact their elected representatives and voice their concern about financial wrongdoing and efforts to address that conduct by prosecutors and regulatory agencies. "I'm hoping if there's enough public pressure, the details of what happened will come out," said Fleischmann.
Hard to think anything other than a settlement. Everyone comes out looking good and no egg on anyones face. $$FNMA$$
Good points, indeed.
Ok been waiting since 2009 and following this ever since thks for all your responses.I had the notion of the culprits in this game.Justice has a choice to make so lets get it done.Make it RIGHT at least for the Marines.....
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