Ackman Boosts Stake In Fannie Mae, Freddie Mac In Surprise MoveMark Melin
Hedge fund manager Bill Ackman, embroiled in a fight to take down Herbalife Ltd. (NYSE:HLF) and boost his short crusade in the company with apparent Congressional assistance, has just increased his fund’s stake in Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) – again a company exposed to government involvement.
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