Ackman Fannie-Freddie Plan Boosts Shares After White House Pitch

Bill Ackman still believes his bet on Fannie Mae and Freddie Mac can pay off this year, even without a blockbuster public offering. He’s not alone.

By Georgie McKay, Felice Maranz, Yiqin Shen · Bloomberg Markets

Bill Ackman still believes his bet on Fannie Mae and Freddie Mac can pay off this year, even without a blockbuster public offering. He’s not alone.