Thursday, October 2, 2014

Fairholme Fund Slumps Following Setback in Fannie and Freddie Bet

Posted by Me on Facebook on October 02, 2014 at 06:07PM:



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Source:

http://on.wsj.com/YVyW8v

Description:

A prominent mutual-fund manager and his investors just had a very bad day. Bruce Berkowitz’s Fairholme Fund on Wednesday sank 9.6%, the day after a court delivered a major setback in his bid to garner profits from mortgage-finance companies Fannie Mae and Freddie Mac.

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