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dnpvd51

dnpvd51
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  • Government Health Care Inc: The Chart Which Explains The Whole Medical Mess [View article]
    You don't see any difference between easing someone's suffering or saving a life as opposed to giving someone a new car?
    Sep 13, 2014. 12:33 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Short the stock and bet that our government will not be so stupid and inept to actually allow the shareholders something here?

    I would never bet against the stupidity of government.
    Sep 13, 2014. 12:29 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    In bankruptcy cases, the shares in the company become worthless.

    "If the company's stock is publicly traded, a Chapter 11 filing generally causes it to be delisted from its primary stock exchange if listed on the New York Stock Exchange, the American Stock Exchange, or the NASDAQ. On the NASDAQ the identifying fifth letter "Q" at the end of a stock symbol indicates the company is in bankruptcy (formerly the "Q" was placed in front of the pre-existing stock symbol; a celebrated example was Penn Central, whose symbol was originally "PC" and became "QPC" after the company filed Chapter 11 in 1970). Many stocks that are delisted quickly resume listing as over-the-counter (OTC) stocks. In the overwhelming majority of cases, the Chapter 11 plan, when confirmed, terminates the shares of the company, rendering shares valueless."

    Wikipedia calls it the overwhelming majority of cases. I know of no exceptions.
    Sep 13, 2014. 12:27 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Name a case where the shareholders received anything after bankruptcy.
    Sep 12, 2014. 01:30 AM | Likes Like |Link to Comment
  • Government Health Care Inc: The Chart Which Explains The Whole Medical Mess [View article]
    The author forgot about single payer, and I understand that Medicare works pretty decently.
    Sep 11, 2014. 02:36 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    I am just sick of all the bailouts and the people that profited from the bailouts.
    Sep 10, 2014. 03:24 PM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    When an outside party buys out a bankrupt company, the outside party does this because they expect to gain, it is not done for the benefit of the shareholders that have been wiped out.
    Sep 10, 2014. 02:54 PM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Just because our government was stupid, does not mean Fannie shareholders should be allowed to game it.

    And when an outside interest pours money into a bankrupt company, the shareholders are not the beneficiaries.
    Sep 10, 2014. 01:33 PM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    The house was a meth house. It was a hazmat case.

    And the government printed trillions of dollars out of thin air to clean up the house.

    And when an outside party buys a belly up business, they never ever do that for the benefit of the existing shareholders.
    Sep 10, 2014. 01:29 AM | Likes Like |Link to Comment
  • Fannie Mae And Freddie Mac: The Bill Ackman Perspective And Huge Return Potential [View article]
    If some private party had bailed out Fannie, do you really think that this would have been done out of the goodness of their hearts? They would eschew future profits for the benefit of the shareholders?

    Of course not.

    But now because our government wastes all kinds of money and resources, you think our government should have bailed out Fannie Mae and if the company returns to profitability the shareholders get the benefit.

    It was bad enough that the government bailed out Fannie by printing trillions out of thin air. It would be an even worse travesty if the government gave away whatever benefit to be had here to a small special interest group of shareholders.

    And then when Fannie goes belly up again, do the shareholders expect another bailout? Another round of government welfare?
    Sep 9, 2014. 08:33 PM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    What a garbage analogy.

    So if the house burns down and I buy the house and put up a new house, the old owner still has the right to my house since I forgot to file some paper or something?
    Sep 9, 2014. 04:23 PM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Housing prices are first and foremost too high because of easy government loans.
    Sep 9, 2014. 01:41 PM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    All the welfare Queens here.

    If it was a private interest that bought out Fannie, they would have made damn sure that the shareholders were not going to take their profits.
    Sep 9, 2014. 01:40 PM | Likes Like |Link to Comment
  • Fannie Mae And Freddie Mac: The Bill Ackman Perspective And Huge Return Potential [View article]
    But you are allowed to make your political argument for sucking off of government with your shares, but I am not allowed to defend the taxpayer?
    Sep 9, 2014. 12:44 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    I bet the very people here that want to make money off of their Fannnie shares have disdain for welfare recipients.
    Sep 9, 2014. 12:41 AM | Likes Like |Link to Comment
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