Investors Buy ‘Lotto Ticket’ With Bet on Fannie and Freddie

Regular investors are rolling the dice on the common stock of Fannie Mae and Freddie Mac in a big way, making a risky bet that Congress and the Obama administration won’t get their way in doing away with the government-controlled entities. A move that would leave the shares worthless.

via Investors Buy ‘Lotto Ticket’ With Bet on Fannie and Freddie.

Bruce Berkowitz Sues Government Over Fannie Freddie Preferreds (thestreet.com)
Why Investors Sued Uncle Sam for Bailing Out Fannie and Freddie (blogs.wsj.com)

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Investors Buy ‘Lotto Ticket’ With Bet on Fannie and Freddie

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