Bill Ackman describes Trump’s proposal for a Fannie-Freddie IPO as impractical and undesirable — here’s his alternative solution

Ackman on IPO for Fannie Mae and Freddie Mac Bill Ackman, the head of Pershing Square Capital Management, indicated on Tuesday that the idea of launching an initial public offering for parts of Fannie Mae and Freddie Mac is not likely to happen soon. The U.S. government has held authority over these organizations for 17 […]