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Benzinga
Benzinga
Business
Rishabh Mishra

Bill Ackman Warns Trump Against 'Rushing' Fannie-Freddie IPOs, Floats Plan For $400 Billion Valuation

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Billionaire investor Bill Ackman, founder and CEO of Pershing Square Capital Management, is advising the Donald Trump administration against rushing initial public offerings (IPOs) for mortgage giants Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC).

Ackman’s A Warning Against Rushing IPOs

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