Fannie Mae-No Politics (FNMA)

[TII]

hv, here's a link to the full Charlie Rose interview.

A discussion about Fannie Mae and Freddie Mac with Bethany McLean, author of “Shaky Ground: The Strange Saga of the U.S. Mortgage Giants,” and Bill Ackman of Pershing Square Capital.

I've watched Charlie for many years and he is usually pretty in tune with the subject matter his quests are discussing, but this interview proves that FnF are a very misunderstood subject as even he seems to not get it an wonders off on other topics with Bill & Bethany. I thought both Bill & Bethany did a great job of getting things back on track and using their limited time wisely.