Bill Ackman to Sue U.S. Over Fannie, Freddie Mortgage Profits
Bill Ackman to Sue U.S. Over Fannie, Freddie Mortgage Profits By Dan Freed 6 hours ago NEW YORK ( TheStreet ) -- Fannie Mae and Freddie Mac common shareholders led by investor Bill Ackman’s Pershing Square Capital Management plan to file on Friday the latest of many shareholder lawsuits against the federal government tied to the profits of the Government Sponsored Enterprises (GSEs), according to a person with knowledge of the suit. Related Stories [$$] Pershing Square Sues U.S. Over Fannie, Freddie The Wall Street Journal Pershing Square sues U.S. over Fannie Mae, Freddie Mac Reuters Fannie, Freddie to pay $5.6B dividends to U.S. USA TODAY Shareholder adviser ISS backs Ackman call for Allergan meeting Reuters U.S. taxpayers to get another big check from Fannie Mae, Freddie Mac Reuters The suit joins others in contending...