drmalaka

Bill Ackman's Plan to Save Fannie and Freddie

Whether you like the guy or not he has a good track record with what is going on right now.

He was on the monolines from the beginning, pounding the table, and you can't blame him for their demise. I assume he is right on this one too. These two companies have absolutely no value for shareholders. The only thing that will be left of these stocks is what the taxpayer picks up, which of course is bs becuase the taxpayer should not be saving equity holders.