Month: July 2015

$FAIRX $FNMA #FANNIEGATE

http://static1.squarespace.com/static/53962eb7e4b053c664d74f3d/t/55b901c5e4b0f9644b227d18/1438187973022/FAIRX+Semi-Annual+Report.pdf Today, shareholders of The Fairholme Fund collectively own $3.4 billion liquidation value of Fannie Mae and Freddie Mac preferred stock. That means each shareholder effectively owns approximately $25,000 (on…