Thursday, January 29, 2015 1:51:27 AM
He has the power and money to lobby and get the word out , and get on tv. He also has many other invesments to worry about too. Im saying though he has no power as is votes in the compnay, as he is has the same rights as a guy with a few shares. The govt or fannie is not going to sit down with Bill ackman and work things out. This is like apple getting sued because they have never paid a div and have billions in cash sitting around. Carl ichan, whos fund is much bigger hen ackmans couldn't do anything, and he owned a ton of Apple. These company's have different classes of stock some with voteing rights and certin clauses. They you have company's where every share is a vote and you need 51% of shareholder. Which is usally hard cause the boss will hold 51%.
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