Will Berkowitz’s Big Bailout Bet On Fannie Mae & Freddie Mac Fructify?

Mani

Published onJune 17, 2013

Updated on May 13, 2021

Bruce Berkowitz’s recent stake increase in preferred shares of Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) Mae and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) could be betting on equitable treatment for all shareholders, reports Stephen Gandel, senior editor of Fortune.

Bruce Berkowitz Issued A News Release

Earlier this month, Bruce Berkowitz's Fairholme Capital Management LLC issued a news release indicating it owned junior preferred shares of Fannie Mae / Federal National Mortgage Association...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Will Berkowitz’s Big Bailout Bet On Fannie Mae & Freddie Mac Fructify?

Bruce Berkowitz Issued A News Release

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