Author: Viraj Shah

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A Look At the Use of Executive Privilege: Fannie Mae (FNMA) and Freddie Mac (FMCC)

Many were surprised when President Barack Obama used “presidential communications privilege” with regard to documents pertaining to Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA), and Federal Home Loan Mortgage Corp (OTCMKTS:FMCC). Let’s look at...

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How Federal Housing Finance Agency (FHFA) and Treasury Violated Insolvency Principles In Case of FNMA and FMCC?

The Federal Housing Finance Agency (FHFA) as conservator was supposed to act independently and revive Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA), and Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) once it took over the...

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How Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA), and Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) Became Victim of Government’s Plan?

In September 2008, Director of FHFA James B. Lockhart III put Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA), and Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) under conservatorship and fired the company’s executives. 8 years later...

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Valeant Pharmaceuticals Intl Inc (VRX) Woes, Verizon (VZ)’s Interest, and Ralph Lauren Corp (RL)’s Comeback Plan

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) announces first quarter earnings, below are the key excerpts. The company missed on revenue. Dermatology and prescription ophthalmology both slump by significantly. Dermatology faces pushback from insurance companies and...