Bloomberg News

Icahn’s Purchase of Millions of Fannie, Freddie Shares Disclosed

June 03, 2014

Carl Icahn bought 6.8 million Fannie Mae and 5.7 million Freddie Mac shares on March 11, according to a federal court filing in Washington.

Fairholme Funds Inc., a mutual fund headed by Bruce Berkowitz, listed the transaction in a lawsuit against the U.S. over profits from the two companies the government seized during the 2008 financial crisis.

To contact the reporter on this story: Edvard Pettersson in Federal court in Los Angeles at

To contact the editor responsible for this story: Peter Blumberg at

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