Fannie Mae-No Politics (FNMA)

[10bambam]

It seemed like Mr. Ackman versus the world.

In a punishing referendum, Herbalife’s stock price rose throughout the talk, climbing more than 25 percent by the end of the trading day. Mr. Ackman said he did not mind, adding that he had spent $50 million attacking Herbalife and would ultimately be proved correct.

“I’m an extremely, extremely persistent person. Extremely,” he said. “And when I believe I am right, and it is important, I will go to the end of the earth.”

My only point is that he will not roll over. : )

http://dealbook.nytimes.com/2014/07/22/ackmans-death-blow-to-herbalife-falls-short-of-its-billing/?_php=true&_type=blogs&_r=0