Author Topic: FNMA and FMCC preferreds. In search of the elusive 10 bagger.  (Read 3706395 times)

cherzeca

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14390 on: November 30, 2019, 10:59:36 AM »
An additional point to be made in connection with Collins cert petitions.  You need to add fairholme and wash federal to the mix. Based upon transcript it would appear that judge Sweeney will deny both motions to dismiss so even if Ps lose both Collins claims in scotus there would still be three trials before Sweeney and Lamberth sitting there next summer that would impede any capital raises. And it looks like Sweeney may be releasing her decision sooner than one might expect.
« Last Edit: November 30, 2019, 11:18:50 AM by cherzeca »


emily

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14391 on: November 30, 2019, 06:55:39 PM »
“It is clear that Judge Sweeney has already made up her mind with so much discovery at hand. Nothing will change her opinion. Case not dismissed, NWS illegal, let’s now discuss if conservatorship was illegal in the first place and how accounting firms played into the politics and settled privately with few investors on the side rather than sharing the books for which they were paid for as an auditor.”

emily

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14392 on: November 30, 2019, 07:08:43 PM »
“Sweeney’s, Chief Judge of  US Court of Federal Claims,  decision will be based on discovery and her writings will play a huge role in Scotus decision and other court cases. No need to reinvent the wheel for other courts when rendering their decision”

cherzeca

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14393 on: December 01, 2019, 11:23:14 AM »
“Sweeney’s, Chief Judge of  US Court of Federal Claims,  decision will be based on discovery and her writings will play a huge role in Scotus decision and other court cases. No need to reinvent the wheel for other courts when rendering their decision”

this is actually an interesting point.  good for you Emily. you will recall in the collins en banc oral argument that govt tried to introduced its own version of facts and judge jones jumped down the govt lawyer's throat, saying on a motion to dismiss the Ps allegations must be accepted as fact.  govt repeated this trick in its cert petition to which Cooper & Kirk had to rebut in its reply. and in the fairholme oral argument in front of Sweeney, the govt lawyer referred to the record showing the GSEs were insolvent, and Cooper & Kirk having to say there is no record, there is only the complaint.

having judge Sweeney decide the motion to dismiss on the basis of discovery will be the first time in this GSE judicial saga that a judge has actually weighed testimony and evidence in connection with a decision.  this should be a helpful opinion for Ps to reference in the event SCOTUS grants cert.

emily

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14394 on: December 01, 2019, 04:26:32 PM »
“Did he sleep reading the mob/mafia comment by Sweeney and posted this early am, an out of context tweet? He knows he will live and be a hero if he tackles the mob. Coincidences do happen but not“

https://twitter.com/MarkCalabria/status/1200815564186365953

emily

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14395 on: December 01, 2019, 04:50:56 PM »
“The lemons problem exists in the arena of investing, related to the disparity in the perceived value of an investment between buyers and sellers. “

https://twitter.com/MarkCalabria/status/1178404592775766017

Luke 5:32

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14396 on: December 01, 2019, 05:31:56 PM »
A wise husband, a wise father, asks God for help. Don't be a prideful, self-reliant fool. "Father, lead me, 'cause I can't do this alone..." Lead Me by Sanctus Real: https://www.youtube.com/watch?v=yLr6G8Xy5uc

TonyG

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14397 on: December 02, 2019, 06:21:55 AM »

cherzeca

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14398 on: December 02, 2019, 07:59:03 AM »
https://housingfinancestrategies.com/235-2/

Latest from Craig Phillips

great post tonyG.  private citizen Phillips sounding very sane.  the choir is growing and getting into key

Midas79

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #14399 on: December 02, 2019, 09:21:25 AM »
https://housingfinancestrategies.com/235-2/

Latest from Craig Phillips

There are some very specific and relevant recommendations in there. What we need to ask is: how much of what Phillips is saying is just his view compared to what Treasury is actually thinking?