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