Fannie Mae-No Politics (FNMA)

[GAK-]

Ackman owns 500 million shares, roughly 1/4 of all commons. He also owns some JPS. He recently submitted a comment letter on the Capital Rule to FHFA in August, stating that he is an owner of both common and JPS.

I'm not aware of any lawsuits where Ackman is a plaintiff. But he is good friends with Berkowitz in the Fairholme case.

If Ackman is involved with any case, it would take I would guess that it would take well north of 50 billion to make Ackman settle out of court. It would make more sense for them to spend that money recapitalizing FnF and not giving it directly to a hedge fund.