Fannie Mae-No Politics (FNMA)

[M I A]

Ackman is wrong about 80% ownership. They hold 79.9% potential common ownership from warrants, but at that time and to this day the warrants have not been used.

So......

Govt owns NOTHING.
Plus they didn't save FandF, but maybe he didn't know that back then. Not many people did. It is an older interview.

But Ackman was right about how this is a great investment risk / reward scenario.

And govt made a bundle from this swindle