Category Archives: Bill Ackman

Why Billionaires Are Investing Heavily In Fannie Mae and Freddie Mac

By Andrew Grossman, BillionaireNews.Com Contributor Two giant corporations were driven to the point of insolvency in 2008 due to massive losses they incurred during the financial crisis of that Fall.  The federal government took control of these disasters because their imminent demise would cause a serious threat to the to the United States economy.  As … Continue reading