The story surrounding the GSEs’ continues to get more interesting, as Bloomberg is reporting that Bill Ackman has acquired large stakes in the common stock of Fannie and Freddie.  This comes on the heels of Bruce Berkowitz’s proposal to buy parts of Fannie and Freddie through converting preferred stock to common, while executing a rights...Read More

No investor other than perhaps Stevie Cohen has garnered the criticism that Bill Ackman has in 2013.  His controversial investments in J.C. Penney (JCP) and Herbalife (HLF) have generated a lot of headlines, as has his sparring with Carl Icahn and Daniel Loeb, but Ackman has been a very successful investor over the years, which...Read More

This was an absolutely fascinating interview with Bill Ackman and Sam Zell discussing GGP. Ackman’s investment in GGP has been nothing short of extraordinary and Sam Zell is one of the best in real estate. Their dialogue concerning whether Brookfield Asset Management (BAM) has control of GGP or not is really compelling. Ackman is pretty...Read More

Bill Ackman appears to be shedding some light on what is really going on with General Growth Properties (GGP).  Respected real estate investors Brookfield Asset Management (BAM) seems to be attempting to buy GGP outright pending financing, but has been unable to do so while Simon Property Group (SPG) has shown interest in the past...Read More