Business
Fannie Mae, Freddie Mac rally as Ackman presses for conservatorship exit
The midterm elections could be a turning point for the release of Fannie Mae and Freddie Mac from government control, according to Bill Ackman.
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The midterm elections could be a turning point for the release of Fannie Mae and Freddie Mac from government control, according to Bill Ackman.
"We're back to the casino-type markets when there was 95% leverage," said the founder of Pershing Square Capital Management.