Replies to post #34279 on Freddie Mac-No Politics (FMCC)

[crowbar24382]

Your answer is in post 33929 on 11-05 where I stated about that .

[Onemanband]

Fairholme proposes $52B recap for GSEs: WSJ
09:00 PM ET · FNMA

Fairholme Capital Management offers to spearhead a move by a consortium of investors aimed at "purchasing, recapitalizing, and operating the mortgage-guarantee businesses" of Fannie Mae (FNMA) and Freddie Mac (FMCC) as state-regulated bond insurers, WSJ says.
The offer was reportedly outlined by Bruce Berkowitz in a letter sent Wednesday evening to federal regulators.
Earlier: Hedge funds pitch takeover of Frannie