2010-10-27zerohedge.com

"Bill Ackman of Pershing Square Capital looks like he lost a small battle. He was in a fight to take over NY’s Stuy Town. The property was foreclosed on today, so Bill lost out. But, as is usual, he came out a winner. Fannie Mae and Freddie Mac were on the other side of this. So you might say they won. I think they just made a mistake they will regret."



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