Stock Market

Supreme Stock Market – Fannie and Freddie Shares Plunge on Supreme Court Ruling

supreme-stock-market-fannie-and-freddie-shares-plunge-on-supreme-court-ruling

Supreme Stock Market – Best Deal Right Now?

Jun.23 — The U.S. Supreme Court dealt a punishing blow to Fannie Mae and Freddie Mac investors in their challenge to the government’s collection of more than $100 billion in profits from the government-sponsored enterprises. Dave Wilson reports.

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18 Comments

  1. StockBoy
    July 30, 2021 at 11:48 am

    Funny how people complain about how the system is big & crooked; yet want to increase it's size from subsidizing the industry

  2. Alan Moore
    July 30, 2021 at 11:48 am

    And chalk up another loss to Republican causes – Trumps nominee gets fired three years early! Wonderful – stick it to them. Oh and Texas' election suit gets thrown out – what a great day – keep them coming. Its just lose, lose, lose for the LOSERS!

  3. HodLSpacecraft
    July 30, 2021 at 11:48 am

    Ya girl Anarcho Capitalist

  4. Ace Credit Mechanic
    July 30, 2021 at 11:48 am

    Market crash now ?

  5. Srt typ
    July 30, 2021 at 11:48 am

    The ruling was just in scope. Never felt the S_C would rule in favor of capital mgmt.'s quest for restitution.

    Regards – 🏌️‍♂️

  6. Today's Reality
    July 30, 2021 at 11:48 am

    Buy the preferred shares

  7. skyak
    July 30, 2021 at 11:48 am

    A bunch of hedge funds just lost the huge bet they made on their lawyers. These agencies provide no value beyond the government guarantee so they pay their "profit" to the government. Look at it another way, the government could charge "market rates" for the guarantee and leave them with no profits.

  8. RJ7
    July 30, 2021 at 11:48 am

    Government makes the rules. Fine. But atleast release them from conservatorship

  9. Free Game
    July 30, 2021 at 11:48 am

    They just Fuxd my Charles Schwab account UP.

    … buy the dip?

  10. SeaBass Gorka
    July 30, 2021 at 11:48 am

    Cry me a river. This is what happens when you are too big to fail…and fail.

  11. K C
    July 30, 2021 at 11:48 am

    its coming everyone! I hope everyone has a bit of GME to soften the crash

  12. Nick
    July 30, 2021 at 11:48 am

    How does the government get away with this? The system is soo crooked.

  13. Jung K
    July 30, 2021 at 11:48 am

    FNMA

    Federal National Mortgage Association 1.5200 -0.7200 -32.14%

    FMCC

    Federal Home Loan Mortgage Corporation 1.4100 -0.8200 -36.77%

    FNMAS

    Federal National Mortgage Association 2.5200 -4.1800 -62.39%
    FMCKJ

    Federal Home Loan Mortgage Corporation 2.3700 -4.2200 -64.04%
    Wow

  14. Pamela Homeyer
    July 30, 2021 at 11:48 am

    How come on those two companies were funded and protected by taxpayer dollars for years and they have not treated their customers well that means the average citizen has been shafted on a regular basis

  15. vogon chip
    July 30, 2021 at 11:48 am

    Federal Government in the Mortgage Business? What next the Government take over Kellogg cereal or how about nationalize Amazon or Google. Sounds like a plan huh?

  16. George Wright
    July 30, 2021 at 11:48 am

    Well this stinks of 2007/08

  17. mrPmj00
    July 30, 2021 at 11:48 am

    ..Stocks for the next 5 years: Amazon, Apple, Facebook, Microsoft, Netflix.

    Disney, Wells Fargo, Lowes, Nike for the recovery.

    My family and friends use things from these companies every day and more of it in the future so I know that these companies will continue to do

    well.

  18. Today's Reality
    July 30, 2021 at 11:48 am

    Buy the dip