Fannie Mae-No Politics (FNMA)

[stockprofitter]

He did it with General Growth Properties and then spun parts into a stock that trades over $100. The shareholders of General Growth Properites recieved free shares of the Howard Hughes Corporation that now trades at over $100 plus ++ a share.

I would say Mr. Ackman is a gentleman you would appreciate having on our side.

http://en.wikipedia.org/wiki/The_Howard_Hughes_Corporation

The Howard Hughes Corporation (NYSE: HHC) is a major real estate development and management company based in Dallas, Texas, which was founded by Howard Hughes. Later sold to the Rouse Company, it became a separate company again in 2010, as a spinoff of General Growth Properties (GGP).

Upon exiting bankruptcy, GGP spun off The Howard Hughes Corporation as a public company on November 9, 2010. GGP stockholders received 0.098344 shares of The Howard Hughes Corporation common stock for every 1 share of GGP common stock held.[1]

http://www.marketwatch.com/investing/stock/hhc