Pershing Square Buys Stake in Fannie, Freddie

Pershing Square Buys Stake in Fannie, Freddie Play

Nov. 15 (Bloomberg) -- Bill Ackman’s hedge fund-firm took stakes in Fannie Mae and Freddie Mac, the government-backed mortgage insurers that investor Bruce Berkowitz is seeking to restructure, and said it may seek talks with management, shareholders and the government. Julie Hyman reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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