Replies to post #184235 on 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

[TII]

He certainly could one day if FnF are released from conservatorship and allowed to be the companies the were pre-2008. I have seen an interview where Bill Ackman was asked if he had any political aspirations. He said not really, but he does enjoy politics and has many friends in DC. He jokingly stated that if the POTUS is like the CEO of America, he would rather be the CFO. Actually running the business of the USA.

If Ackman does get a seat on the BOD one day, rest assured he will want at least 2-4 of his cohorts on there with him.