Fannie Mae-No Politics (FNMA)

[Wise Man]

***SCOOP*** WEIRD-LOOKING INVESTOR, BILL ACKMAN, SLAMMED ON #FANNIEGATE.
Teenage-face with white hair? I can recommend him a good hair dye. Basically, anyone.
He claims to own 10% of FnF but the truth is that Pershing is a mere custodian of others' position, like CalPERS's and the Community Banks'. CalPERS was caught building up a stake in 2010 and it sold off all after it was published in my blog. The truth is that it just transferred its stake to Pershing, because no one sells a stake at a loss when it's beginning to build it and massive historic losses in the security.
Ackman agrees with the 10% dividend, the warrant, stock offerings, a new commitment fee, the TCCA fees, a settlement of the fraudulent lawsuits of the JPS holders, he talks about "restructuring" of FnF that we know it means swap JPS for common stocks and, he highlights the figure of historic shareholders, when in a publicly-traded company, there's no such term because any claim travels with the shares.
Basically, it's the Moelis/ACG Analytics Plan. Dilution of 99% to the existing shareholders.
He is a traitor to the common shareholders, because he is not a shareholder.