Bloomberg grossly misreports on Fannie and Freddie, again!

Bloomberg grossly misreports on Fannie and Freddie, again!


Bloomberg has corrected TODAYS misleading article about FNMA under light of truth! Score one round for the good guys.

Bloomberg backs down under light of truth! - Tim Howard
Bloomberg has added the following correction to its misleading article from earlier today- “The sales were previously disclosed in a June court filing, which showed that the Fairholme Fund on March 11 sold 6.8 million Fannie Mae shares and 5.7 million Freddie Mac shares to partnerships run by Carl Icahn.”. I want to thank Hawk_Eye and our other readers for helping to get this blatantly misleading story corrected. Between Barrons pulling their last hatchet job and now this quick correction I would say we are making serious progress.Its amazing what a little truth will do. I also want to inform everyone that we are preparing our first round of FOIA requests, these will be posted on the “Light of truth FOIA campaign set to launch.” post from 8/1/14 when completed. You will love some of our requests I’m sure. 
Location: New York, NY, USA

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