Pershing Square Again Sues US Over Fannie, Freddie Profits
By Cara Salvatore ( August 18, 2014, 4:34 PM EDT) -- Bill Ackman's Pershing Square Capital Management LP sued the Treasury Department and the Federal Housing Finance Agency on Friday for the second time over what it says was a "brazen" plan to misappropriate future profits earned by Fannie Mae and Freddie Mac and effectively change the priority structure of stockholders....
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