Fannie Mae-No Politics (FNMA)

[mike_usa]

Icahn took a $50 million position in Fannie Mae and Feddie Mac in March by buying common stock from Bruce Berkowitz’s Fairholme Funds. Icahn bought 6.8 million shares of Fannie Mae for $4.03 per share and 5.7 million shares of Freddie Mac for $4.04 per share,


https://www.forbes.com/sites/nathanvardi/2014/06/03/carl-icahn-joins-bill-ackman-in-bet-on-fannie-and-freddie/#6379f4e81b27

Berkowitz, who owns preferred shares of both Fannie and Freddie and some common stock, said Fannie and Freddie should have been "a replay of AIG."


http://www.businessinsider.com/bruce-berkowitz-on-fannie-mae-and-freddie-mac-2016-3


Miami-based Fairholme, with $11 billion in assets under management, owns 17 million shares of Freddie Mac common stock and 52 million shares of the company’s junior preferred stock, Berkowitz said. Fairholme also owns 20 million shares of Fannie Mae common stock and 66 million shares of the company’s junior preferred stock, he said.


http://www.newsmax.com/t/newsmax/article/555713