TL NIEL

Bill Ackman's Plan to Save Fannie and Freddie

Acman gots some real chutspah- trying to act like he's being some sort of altriuist do-gooder while holding what is essentially an activist short position. Like what that beady eyed twerp David Einhorn is trying to do with Lehman brothers, Acman is just being like a Carl Icahn- but in reverse. Instead of pushing for an undervalued company to "pursue strategic alternitives to enhance shareholder value", he's lobbying the government to basically puruse drastic altneratives to destroy shareholder value for the benefit of rich ass hedge fund boys who had ethical bypasses at birth.

The funny thing is his justification- "well, you know, I have a lotta underwater long positions to make up for"
What an SOB!