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  • GSEs down sharply as Treasury squashes recap idea [View news story]
    Show me the risk in statutory language. "Implied Risk" does not qualify.

    Secretary Lew, "How did you get to be our United States Treasurer with that kind of answer".
    Oct 19, 2015. 09:14 PM | 4 Likes Like |Link to Comment
  • Better Luck Next Year: Fast-Track GSE Legislation And Convocation Of Court Cases [View article]
    This is very Sad but at the same time very Comical. The longer the Government and the legislative process holds this up, the more the buying (housing) public are finding newer and better ways to provide housing for themselves. "Rent by Choice" seems to come to mind.

    Once this mess is over and it will end, we will then see the US Government, The US Treasury and the Legislative Branch now having to deal with the "Humpty Dumpty Effect".
    Sep 15, 2015. 02:06 PM | 2 Likes Like |Link to Comment
  • Frannie bear skeptical of settlement chatter [View news story]
    John, John, John, where did you go to school.

    All Obama has to do is tell Watts to end the Conservatorship and release Fannie and Freddie. Everything else will fall into place.
    Aug 31, 2015. 03:23 PM | 3 Likes Like |Link to Comment
  • The Implications Of The AIG Trial For Fannie Mae Shareholders [View article]

    Let the "Dead bury the Dead"! What I mean here is let the people and groups that have been so unjustly and unlawfully treated extract their justice and let the ones that have not move on. We should no longer be held hostage by these groups.

    This country is to big and so diverse for it to be held hostage by politicians, banks and advocacy groups. Let these group continue their fight but the rest of this country take control of our future and create a new Insurance and Home Financing Structure.

    Its time to break away.
    Mar 8, 2015. 10:26 AM | 1 Like Like |Link to Comment
  • Fannie And Freddie: Deficit Reduction Tool Or Mortgage Market Future? [View article]
    I do believe President Obama is planning to hand over Fannie and Freddie to a 2016 Republican President, then LAUGH.
    Mar 5, 2015. 04:49 PM | 2 Likes Like |Link to Comment
  • Carney: No quick end to GSE conservatorship [View news story]
    And to think Michael Stegman ended up where he is today via the John D & Catherine T MacArther Foundation via the University of North Carolina at Chapel Hill in my State.

    So being that Michael Stegman thinks only legislation can end Conservatorship and you have had connections academic you should know the academic discussion by now.

    Show me the legislation that put Fannie and Freddie in Conswervatorship and the legislation that is required to remove Fannie and Freddie from Conservatorship otherwise you are intellectually and academically dishonest.

    Once you have the proof share it with John Carney of the WSJ who by the was has not a clue.
    Dec 10, 2014. 05:57 PM | 3 Likes Like |Link to Comment
  • Fannie Mae: Let's Not End The Conservatorship Just Yet [View article]
    As a side comment, my family invests in developments, real estate transactions, and various other forms of housing.

    One of the transactions we have been fairly successful in is the connecting of aging Boomers with well qualified Millennials and creating a rent with an options to purchases agreements between the two.

    Boomers get out of their home much quicker and on to retirement housing arrangements and Millennials get a chance to lock in a purchase of a home without having to fight the current housing finance system where they most often lose .

    Its a win-win proposition for both and in the long run saves the Boomer much of the expenses of trying to sell a home and the Millennials a chance to lock in a purchase as well as a quicker route to reducing the total financing price of the home.

    We are now even exploring the new concept of the Small House Movement.

    So keep holding up housing reform and keep talking about it, it's good for business.
    Nov 23, 2014. 05:36 PM | 2 Likes Like |Link to Comment
  • Fannie Mae: Let's Not End The Conservatorship Just Yet [View article]
    Charlie Harrison,

    I have always liked your writing, logic and the soundness of what you say. Still do and don't expect that to change.

    Why don't we just continue to do nothing and just let home ownership and the mortgages finance system finally destroy itself, then do something. It may take years and one or two generations to right itself but it may eventually come back.

    We should realize that this is the last crisis of the 2008 financial crisis that is still unresolved. What's our hurry, it keeps the "geniuses" in government and politics fully employed.
    Nov 23, 2014. 02:34 PM | 2 Likes Like |Link to Comment
  • Kudos To Judge Lamberth: Bubkis Hedge Fund Claims Against Freddie/Fannie Get Heave-Ho [View article]
    David, don't you still hold the distinction as the most controversial Director of OMB there every was. I am your age and remember those times.

    As always, I still like to hear your perspective too.
    Oct 3, 2014. 10:29 PM | 2 Likes Like |Link to Comment
  • Bloomberg: Dish's Ergen expressed T-Mobile interest to DT [View news story]
    Worth watching.

    Now that AT&T wants DirecTV, let Dish acquire T-Mobile.

    Now have two (2) Phone / TV Companies and (2) Phone Companies. All will have internet capabilities.

    FCC can you handle this ? Moving out of your area now.
    Sep 5, 2014. 07:15 PM | Likes Like |Link to Comment
  • Carney: Fannie and Freddie investors should surrender [View news story]
    The earlier reply by GabrielMatias best summed it up.

    "He (Carney) often takes controversial positions on business topics".

    I will wait for our day in Court !!
    Aug 11, 2014. 06:15 PM | 1 Like Like |Link to Comment
  • T-Mobile: All Indicators Show It Is A Stock To Buy [View article]
    So now the Federal Regulators have successfully broken up a potential merger in the communications industry. They will learn !!

    Their two stepchilds (AT&T & Verizon) are safe for now.

    I predict T-Mobile will get bigger and stronger and will be unpredictable. They will give AT&T and Verizon many days of unsettled business.

    Sprint on the other hand I predict will slowly fade away as a provider. (Until !) They themselves become a takeover target.

    I think a good suitor would be Amazon or Google. Both could do it.

    U.S. Federal Regulators, you want competition, you will have it then.

    God help you and the telecommunication sector.
    Aug 7, 2014. 10:58 AM | Likes Like |Link to Comment
  • WSJ: Sprint ending pursuit of T-Mobile [View news story]
    Call me a fortune teller, call me what you want but letme give my two cents worth.

    I could care less about the String / T-Mobile merger. The "Free Market" would have taken care of that.

    What does bother me is that the Federal Regulators are now determining what is good and what is bad in competition. (Just like they own Stocks)

    May I remind everybody about the Saving & Loan Crisis, The Housing Crisis, etc..

    Could weevery have a Telecommunication Crisis.

    You be the judge. I don't trade in them. To "risky".
    Aug 5, 2014. 08:18 PM | Likes Like |Link to Comment
  • Reports: T-Mobile to reject Iliad's bid; Iliad in talks with investors [View news story]
    I read this two ways.

    a. Sprint had better understand and realize that they had better step up to the plate and start to fight for what they want.

    b. U.S. Regulators has better understand that AT&T, Verizon, Sprint and T-Mobile are not the only games/players in town. Quite trying to control and direct competition, it could come back and bite you in the A**.

    Let the "Free Market" decide. You let a wild card in without the "Free Market" deciding and you do have a problem with competition.
    Aug 5, 2014. 04:16 PM | 1 Like Like |Link to Comment
  • Fairholme Win 'Very Positive' For Fannie Shareholders: Bove [View article]

    If in fact the Courts does find that the Treasury did take all the profits illegally and left me as a shareholder with nothing,

    Can I declare that I had a LOSS on FNMA stock over that period of time and take it as a Tax Deduction towards Capital Gains if I sell shares or just as any other ordinary business loss ?

    I don't know the answer but would seem logical. I did not invest in that stock for my health. This is business.
    Jul 29, 2014. 09:11 AM | 1 Like Like |Link to Comment