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FNMA and FMCC preferreds. In search of the elusive 10 bagger.


twacowfca

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Haven't seen this posted yet:  https://www.americanprogress.org/issues/economy/reports/2017/04/13/430424/2008-housing-crisis

 

I believe even tools like #crookedcorker recognize that piece as true. It's also a basis for my confidence.

 

great article, thx for sharing. this is what #fanniegate-ers should be focusing on--real facts and figures--not obamacare conspiracy theories, corker, or even the nws

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I'm curious how many documents the government provided to plaintiff lawyers by the April 14th deadline.  I'm aware of the unopposed extension granted by Sweeney to review/produce the final 50-60% of documents, but wondering how many, if any, of the 40-50% already reviewed were given to plaintiff lawyers.  I would expect Fairholme to file something with the court if nothing had been produced by the deadline.  I guess there's no way of knowing at this point.

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https://morningconsult.com/2016/11/29/rep-duffy-tops-list-take-wall-street-subcommittee/

 

"Like most of his Republican colleagues, Duffy is a critic of the 2010 Dodd-Frank Act, as well as Fannie Mae and Freddie Mac. In a 2016 op-ed about the film “The Big Short,” he characterized Fannie and Freddie as “the villains Hollywood refused to let you see,” in addition to their “crony, corrupt accomplices in Washington, D.C.”

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Perry panel rehearing (attached)?

 

Only on a few questions that the court didn't clearly address, such as the contractural claims' purchase timing.

 

Thanks.

 

I can't believe the court spent 10 months to write a ruling with so many factual errors and questions that they only hastily considered.

 

 

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What's so hard to believe? The courts trust the govt, except in the case of immigration apparently, but they especially trust the govt and its steps taken to combat world-wide financial catastrophy (otherwise known as Lehman Brothers asset sale).

 

they're all idiots. This country would be 10~ trillion less in debt if they all just calmed for 6 months.

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I wonder if we shouldn't start a company in some state, adopt Delaware law for corporate purposes, re-enact the the nws between know parties, then sue each other in parallel to the current case, get that case resolved fasr (as controlling both sides of arguments so no delays) thereby creating a precedent for the courts to go by ;)

 

Chris - I think you should represent the pro NWS side and merkhet the shareholder side ... I mean you could write for both sides but I'm not sure if the court would see that as too much of taking a mickey.

C.

 

Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep by Rule of Law Guy

https://seekingalpha.com/article/4063316-fannie-freddie-unconstitutionally-structured-fhfa-voiding-net-worth-sweep#alt2

 

@luke.  i noticed that there were some errors in the article originally posted that have since been cleaned up.

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Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep by Rule of Law Guy

https://seekingalpha.com/article/4063316-fannie-freddie-unconstitutionally-structured-fhfa-voiding-net-worth-sweep#alt2

 

 

Impressively thorough.  Thanks to contributors like the ROLG, my appreciation for the talents necessary to operate at the top of the legal profession have gone to the moon.

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Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep by Rule of Law Guy

https://seekingalpha.com/article/4063316-fannie-freddie-unconstitutionally-structured-fhfa-voiding-net-worth-sweep#alt2

 

 

Impressively thorough.  Thanks to contributors like the ROLG, my appreciation for the talents necessary to operate at the top of the legal profession have gone to the moon.

 

+1

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I wonder if we shouldn't start a company in some state, adopt Delaware law for corporate purposes, re-enact the the nws between know parties, then sue each other in parallel to the current case, get that case resolved fasr (as controlling both sides of arguments so no delays) thereby creating a precedent for the courts to go by ;)

 

Chris - I think you should represent the pro NWS side and merkhet the shareholder side ... I mean you could write for both sides but I'm not sure if the court would see that as too much of taking a mickey.

C.

 

Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep by Rule of Law Guy

https://seekingalpha.com/article/4063316-fannie-freddie-unconstitutionally-structured-fhfa-voiding-net-worth-sweep#alt2

 

@luke.  i noticed that there were some errors in the article originally posted that have since been cleaned up.

 

FHFA's argument is that HERA provides blanket cover. So even if you do this and set up a precedent, it is not going to work.

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Yup but would make it obvious what the heart of the issue is - if this was the case for any other company there would be no discussion that it is unfair (illegal) taking of property without compensation!

 

I wonder if we shouldn't start a company in some state, adopt Delaware law for corporate purposes, re-enact the the nws between know parties, then sue each other in parallel to the current case, get that case resolved fasr (as controlling both sides of arguments so no delays) thereby creating a precedent for the courts to go by ;)

 

Chris - I think you should represent the pro NWS side and merkhet the shareholder side ... I mean you could write for both sides but I'm not sure if the court would see that as too much of taking a mickey.

C.

 

Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep by Rule of Law Guy

https://seekingalpha.com/article/4063316-fannie-freddie-unconstitutionally-structured-fhfa-voiding-net-worth-sweep#alt2

 

@luke.  i noticed that there were some errors in the article originally posted that have since been cleaned up.

 

FHFA's argument is that HERA provides blanket cover. So even if you do this and set up a precedent, it is not going to work.

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funny (or not) how sorkin mentions the hedge funds but not all the community banks, pension funds, and yes the US govt which owns 80pct...

 

legislatively, either the warrants are used to partially fund infrastructure / tax reform or we'll be waiting a long time for action, perhaps not until 2019 -- which would leave the courts and administratively pausing the NWS as the only 2 potential catalysts for 2017.

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Gotta be before '19.

 

With DJT's admin unable to accomplish anything except bombing folks, even I'd think about voting the house back to Dem's @ midterms. That would be a vote for no congressional approval on warmongering. If the house is lost that means anything that hadn't been accomplished by then gets stonewalled until 2020 when our present edge may be lost.

 

There may be hope though: http://www.cnbc.com/2017/04/20/conservative-republicans-reportedly-pleased-with-changes-to-health-care-proposal.html

 

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Gotta be before '19.

 

With DJT's admin unable to accomplish anything except bombing folks, even I'd think about voting the house back to Dem's @ midterms. That would be a vote for no congressional approval on warmongering. If the house is lost that means anything that hadn't been accomplished by then gets stonewalled until 2020 when our present edge may be lost.

 

There may be hope though: http://www.cnbc.com/2017/04/20/conservative-republicans-reportedly-pleased-with-changes-to-health-care-proposal.html

 

Are you kidding me? The Democrats right now vote no on every bill no matter what. Why would you want this kind of senseless people in Congress?

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