one reason @carney and @Rcwhalen are dead wrong $FNMA
edits… well, anyway who knows who is talking, doesn’t matter, point is there are a lot of bullshitters, mulligan too. Someone wrote a lot of bullshit today, don’t act surprised. The…
edits… well, anyway who knows who is talking, doesn’t matter, point is there are a lot of bullshitters, mulligan too. Someone wrote a lot of bullshit today, don’t act surprised. The…
The lawyer who talked too much – and lost the Fed privilege in AIG bailout suit By Alison Frankel February 23, 2015 I don’t envy Judge Thomas Wheeler of the…
You heard it here. Don’t be one of the dummies that thinks that the government wants to drag this bad boy out. They are already claiming various levels of priviledge…
Vicki does a pretty good job on this one. Concerns grow over Fannie, Freddie shrinking profits 218 5 By Vicki Needham – 02/20/15 03:59 PM EST Shrinking profits at…
no one wants to associate with the FHFA these days… can’t blame them… i dont want to associate with demarco either Former Chief Economist for the United States Federal…
Thus, the preferred and common shareholders of Fannie Mae and Freddie Mac did not benefit by Treasury’s actions. They effectively lost their investments. http://fhfaoig.gov/Content/Files/FannieMaeandFreddieMac-WheretheTaxpayersMoneyWent.pdf
Losers: Stockholders According to the PSPAs, no dividends can be paid to preferred or common shareholders of the Enterprises (with the exception of Treasury) without Treasury’s approval or until Treasury…
The Acting FHFA Director noted in a September 2011 speech: “It ought to be clear to everyone at this point, given the Enterprises’ losses since being placed into conservatorship and…
well, he thinks correctly that nothing will be done with Fannie and Freddie for the foreseeable future but fails markedly to see the light at the end of the tunnel…