This blog is an effort to sift through the noise. Please note that a number of resources are used to create these theses and due to an overriding desire to think rather than edit I will not be citing every little source.
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Saturday, November 16, 2013
Bruce Berkowitz on CNBC talking about position in Fannie and Freddie
Bruce Berkowitz of the Fairholme Fund made some news this week arguing to re-equitize the preferred securities of Fannie and Freddie. He was on CNBC explaining this position. Enjoy.