How does this make you feel?
Bill Ackman urges US taxpayers to be less greedy regarding Fannie Mae and Freddie Mac’s potential re-privatization after their government bailout during the financial crisis. He argues that the government should declare its $200 billion preferred stock in these entities as repaid to enhance their market valuation ahead of a possible IPO, while addressing concerns about capital requirements and implicit guarantees. However, Ackman’s request raises questions about fairness to taxpayers, who have already seen significant returns from the bailouts.
