Bill Ackman values Freddie Mac and Fannie Mae at $40 to $50, noting Pershing Square has owned both for 13 years.
1 report, 1 independent
Updated Sat 00:00
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Bill Ackman values Freddie Mac and Fannie Mae at $40 to $50, noting Pershing Square has owned both for 13 years.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
Bill Ackman
American billionaire hedge fund manager (born 1966)
-
Pershing Square
park in downtown Los Angeles
Nothing else this week.
-
Freddie Mac
American government-sponsored enterprise
- FED decisions are impacting borrowing costs tracked by Bankrate and mortgage rates reported by Freddie Mac, amid inflation fears stoked by the Middle East conflict. Trump is pressuring the central bank to slash rates.
- ACES Quality Management began monitoring defects submitted to Fannie Mae and Freddie Mac.
-
Fannie Mae
government-backed financial services company