PhinT's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/244983/comments http://seekingalpha.com/article/110260-constant-bottoming-process-calls-are-meaningless?source=feed#comment-328229 328229

On Dec 11 11:45 PM Homer II wrote:

>
> On Dec 11 12:48 PM Mr. Wynn wrote:]]> Sat, 13 Dec 2008 11:25:22 -0500

On Dec 11 11:45 PM Homer II wrote:

>
> On Dec 11 12:48 PM Mr. Wynn wrote:]]> http://seekingalpha.com/article/108418-global-markets-in-review-winning-streak-for-equity-bulls?source=feed#comment-318379 318379 Mon, 01 Dec 2008 16:36:33 -0500 http://seekingalpha.com/article/97884-it-did-happen-cramer-s-mad-money-9-29-08?source=feed#comment-269393 269393 Tue, 30 Sep 2008 08:23:15 -0400 http://seekingalpha.com/article/97342-bailouts-misunderstanding-the-moral-hazard?source=feed#comment-264561 264561
If the FBI real does something (which I doubt because it is to far reaching and would be bigger than the Nuremburg trails after WWII) we will be reading about government, Private Equity, Wall Street and Corporate Executive involvement … I hope the FBI does do something and if so, these guys should really be treated as “War” criminals…
]]> Thu, 25 Sep 2008 08:28:47 -0400
If the FBI real does something (which I doubt because it is to far reaching and would be bigger than the Nuremburg trails after WWII) we will be reading about government, Private Equity, Wall Street and Corporate Executive involvement … I hope the FBI does do something and if so, these guys should really be treated as “War” criminals…
]]> http://seekingalpha.com/article/97332-fbi-investigates-victims-of-the-financial-fallout?source=feed#comment-264554 264554
If the FBI real does something (which I doubt because it is to far reaching and would be bigger than the Nuremburg trails after WWII) we will be reading about government, Private Equity, Wall Street and Corporate Executive involvement … I hope the FBI does do something and if so, these guys should really be treated as “War” criminals…
]]> Thu, 25 Sep 2008 08:23:14 -0400
If the FBI real does something (which I doubt because it is to far reaching and would be bigger than the Nuremburg trails after WWII) we will be reading about government, Private Equity, Wall Street and Corporate Executive involvement … I hope the FBI does do something and if so, these guys should really be treated as “War” criminals…
]]> http://seekingalpha.com/article/94472-fannie-freddie-bailout-disastrous-fiasco?source=feed#comment-248919 248919
Dear Senator,

My wife and I are holders of stock in Fannie Mae.

We are utterly disappointed in the actions of our government with regard to the confiscation of our holdings in GSE stock. As a conservator, the government's first responsibility is the management of the GSE's for their "stockholders-in-absen... Becoming a part owner through Confiscation is entirely unconstitutional and violates all principles of our capitalist system. No due process has been given to the shareholders... just an at "gunpoint" meeting of the CEO's and Boards of Directors to seal up a complete transfer of operational power of the GSE's to their regulator.

This is not what the recent Housing Bill intended nor is this act keeping in good faith the convenants set forth by Congress so long ago when the Charters and spin-offs of the GSE's began.

The Government should pay out all capital to shareholders to rectify this action or tender offer for all outstanding shares at Book Value.

No amount of cost benefit analysis accounting could possibly have shown the GSE's to be defunct at this time as just one month ago OFHEO stated that the GSE's were "adequately capitalized."

Running roughshod over the shareholders is truly a unique and remarkable event in our history. I fear that never again will I be able to trust the statements and integrity of my government as I truly feel victimized by it at this time!

Please help to rectify and recompense the damages brought upon the shareholders of the GSE's by this "takings action."

Sincerely,
ME
]]> Mon, 08 Sep 2008 22:44:17 -0400
Dear Senator,

My wife and I are holders of stock in Fannie Mae.

We are utterly disappointed in the actions of our government with regard to the confiscation of our holdings in GSE stock. As a conservator, the government's first responsibility is the management of the GSE's for their "stockholders-in-absen... Becoming a part owner through Confiscation is entirely unconstitutional and violates all principles of our capitalist system. No due process has been given to the shareholders... just an at "gunpoint" meeting of the CEO's and Boards of Directors to seal up a complete transfer of operational power of the GSE's to their regulator.

This is not what the recent Housing Bill intended nor is this act keeping in good faith the convenants set forth by Congress so long ago when the Charters and spin-offs of the GSE's began.

The Government should pay out all capital to shareholders to rectify this action or tender offer for all outstanding shares at Book Value.

No amount of cost benefit analysis accounting could possibly have shown the GSE's to be defunct at this time as just one month ago OFHEO stated that the GSE's were "adequately capitalized."

Running roughshod over the shareholders is truly a unique and remarkable event in our history. I fear that never again will I be able to trust the statements and integrity of my government as I truly feel victimized by it at this time!

Please help to rectify and recompense the damages brought upon the shareholders of the GSE's by this "takings action."

Sincerely,
ME
]]> http://seekingalpha.com/article/94395-fnm-fre-what-did-it-take-to-get-management-on-board?source=feed#comment-248157 248157
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WASHINGTON (Reuters) - The U.S. Treasury expects to purchase $5 billion of Fannie Mae and Freddie Mac mortgage-backed securities within the next month as part of its takeover of the mortgage finance giants.

Senior government officials told reporters in a news briefing the program would be the first taxpayer cash outlays associated with the plan to put Fannie Mae and Freddie Mac into a government conservatorship.

The purchases will be on the open market and will be managed by a private investment manager appointed by the Treasury.

This week, the Treasury (((will receive $1 billion in a new class of senior preferred stock from each of the two companies as "compensation")))) for signing the agreement to support the two main sources of U.S. mortgage liquidity, the officials said. This stock has a 10 percent coupon.

The Treasury also will receive warrants representing 79.9 percent ownership share of each firm, (((((but the officials said the government has no plans to exercise those warrants,))))) which carry a nominal exercise cost of less than $1 a share.

The officials said the Treasury has set up an (((automatic mechanism to inject fresh capital into Fannie Mae and Freddie Mac through senior preferred stock purchases when their liabilities exceed their assets according to their quarterly financial reports))). The earliest this could start would be within 60 days of the companies' September 30 report, the officials said.
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This will only happen when FNM and FRE have a negative net worth. FNM HAS TO GO THRO $43BILLION IN LOOSES BEFOR THIS INFUSION OCCURS Rating :
]]> Mon, 08 Sep 2008 09:00:33 -0400
++++++++++++++++++++=
WASHINGTON (Reuters) - The U.S. Treasury expects to purchase $5 billion of Fannie Mae and Freddie Mac mortgage-backed securities within the next month as part of its takeover of the mortgage finance giants.

Senior government officials told reporters in a news briefing the program would be the first taxpayer cash outlays associated with the plan to put Fannie Mae and Freddie Mac into a government conservatorship.

The purchases will be on the open market and will be managed by a private investment manager appointed by the Treasury.

This week, the Treasury (((will receive $1 billion in a new class of senior preferred stock from each of the two companies as "compensation")))) for signing the agreement to support the two main sources of U.S. mortgage liquidity, the officials said. This stock has a 10 percent coupon.

The Treasury also will receive warrants representing 79.9 percent ownership share of each firm, (((((but the officials said the government has no plans to exercise those warrants,))))) which carry a nominal exercise cost of less than $1 a share.

The officials said the Treasury has set up an (((automatic mechanism to inject fresh capital into Fannie Mae and Freddie Mac through senior preferred stock purchases when their liabilities exceed their assets according to their quarterly financial reports))). The earliest this could start would be within 60 days of the companies' September 30 report, the officials said.
++++++++++++=
This will only happen when FNM and FRE have a negative net worth. FNM HAS TO GO THRO $43BILLION IN LOOSES BEFOR THIS INFUSION OCCURS Rating :
]]> http://seekingalpha.com/article/93263-looming-wave-of-option-repricing?source=feed#comment-242283 242283 Sat, 30 Aug 2008 16:31:42 -0400 http://seekingalpha.com/article/93047-housing-and-financials-the-worst-may-soon-be-over?source=feed#comment-240806 240806 Thu, 28 Aug 2008 10:01:21 -0400 http://seekingalpha.com/article/93050-fannie-freddie-rally-a-product-of-fed-intervention?source=feed#comment-240671 240671 Thu, 28 Aug 2008 08:03:57 -0400 http://seekingalpha.com/article/92885-on-recent-financial-stories?source=feed#comment-239905 239905
bloomberg.com/apps/new...
]]> Wed, 27 Aug 2008 08:49:03 -0400
bloomberg.com/apps/new...
]]> http://seekingalpha.com/article/92868-wall-street-breakfast-must-know-news?source=feed#comment-239892 239892 Wed, 27 Aug 2008 08:33:29 -0400 http://seekingalpha.com/article/92713-the-investment-world-public-policy?source=feed#comment-239232 239232 Tue, 26 Aug 2008 10:25:46 -0400 http://seekingalpha.com/article/92648-the-reign-of-uncertainty-in-financial-markets?source=feed#comment-239223 239223 Tue, 26 Aug 2008 10:20:05 -0400 http://seekingalpha.com/article/92683-top-bond-investors-show-interest-in-gse-capital-raising-with-treasury-involvement?source=feed#comment-239197 239197 Tue, 26 Aug 2008 10:01:16 -0400 http://seekingalpha.com/article/92680-fannie-and-freddie-debt-offerings?source=feed#comment-239192 239192 Tue, 26 Aug 2008 09:55:57 -0400 http://seekingalpha.com/article/92347-fannie-freddie-beyond-the-balance-sheets?source=feed#comment-237977 237977 Sun, 24 Aug 2008 19:38:11 -0400 http://seekingalpha.com/article/92007-support-for-freddie-fast-money-recap-8-20-08?source=feed#comment-235913 235913 Thu, 21 Aug 2008 16:39:13 -0400 http://seekingalpha.com/article/91940-why-i-finally-bought-fannie-mae?source=feed#comment-235480 235480 Thu, 21 Aug 2008 08:49:51 -0400 http://seekingalpha.com/article/91844-bond-expert-early-wednesday-wrap?source=feed#comment-235086 235086 Wed, 20 Aug 2008 16:27:33 -0400 http://seekingalpha.com/article/91673-the-crazy-lehman-share-price?source=feed#comment-234239 234239 All I am looking for is a straight story here… Humm, Barons, Greenspan along with the banks, brokerage houses, naked short and “news releases” seem to have a “special” interest/manipulation in seeing LEH, F&F bust… I think there needs to be a federal investigation to what is really going on here….The cheese is stinky!!!
]]> Tue, 19 Aug 2008 16:50:18 -0400 All I am looking for is a straight story here… Humm, Barons, Greenspan along with the banks, brokerage houses, naked short and “news releases” seem to have a “special” interest/manipulation in seeing LEH, F&F bust… I think there needs to be a federal investigation to what is really going on here….The cheese is stinky!!!
]]> http://seekingalpha.com/article/91401-bill-gross-softens-his-fannie-freddie-rhetoric?source=feed#comment-233147 233147 Mon, 18 Aug 2008 11:39:01 -0400