Key takeaways
- The $500 billion is his own projection, separate from any reported result or company forecast.
- The $500 billion is the total value Ackman expects a release to create.
- Freddie Mac’s net income rose 17% to $3.235 billion, and revenue climbed 19% to $6.81 billion.
One Number: $500 Billion Bill Ackman believes releasing Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) from government control could unlock $500 billion in value.
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