Fannie Mae: Icahn And Ackman Actually Agree On Something
- June 3, 2014
June 3, 2014
Shares of the Federal National Mortgage Association (OTCQB:FNMA) have nearly doubled in the last year as activist investors and hedge fund managers rally behind the mortgage giant. Efforts in Congress to wind down the government-sponsored entities (GSE) have gone nowhere and there are several catalysts for upside. For further proof of the potential, the investment has actually brought Bill Ackman and Carl Icahn to agreement after years of bitterness.
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