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Benzinga
Benzinga
Business
Vishaal Sanjay

Peter Schiff Warns Bill Ackman's Freddie & Fannie Plan Is 'Fake Privatization': Hands Hedge Funds Billions, Leaves Taxpayers Exposed

Portland,,Or,,Usa,-,Apr,12,,2022:,Homepages,Of,Fannie

Economist Peter Schiff slammed billionaire hedge fund manager Bill Ackman’s restructuring proposal that would release mortgage giants Federal National Mortgage Association (OTC:FNMA) or Fannie Mae and the Federal Home Loan Mortgage Corp. (OTC:FMCC), popularly known as Freddie Mac.

This Is ‘Fake Privatization’

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