Shareholders reject handout characterization, Bill Ackman states

Shareholders reject handout characterization, Bill Ackman states
Fannie and Freddie shareholders reject handout

Bill Ackman responded to press reports characterizing the efforts of Fannie Mae and Freddie Mac shareholders as seeking a government 'gift' or 'handout.'

Ackman maintained that the shareholders of both government-sponsored entities are not pursuing any such benefit. He also referenced the bailout of hundreds of financial institutions during earlier crises in contrast to the current situation involving Fannie and Freddie shareholders.

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