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Ready Freddie? The Smart Money Is Looking

Shares of Fannie Mae and Freddie Mac jump on news that Bill Ackman's hedge fund has taken a big stake joining Bruce Berkowitz's Fairholme Capital in betting on the mortgage finance companies. Jeanne Yurman reports.

http://www.wusa9.com/video/2842811080001/1/Ready-Freddie-The-Smart-Money-Is-Looking http://cdn.newslook.com/b8/b8747dab378edd894fdbeda3555c26b7/images/frame_0026.jpg Ready Freddie? The Smart Money Is Looking Shares of Fannie Mae and Freddie Mac jump on news that Bill Ackman's hedge fund has taken a big stake joining Bruce Berkowitz's Fairholme Capital in betting on the mortgage finance companies. Jeanne Yurman reports. Freddie MacPershing ManagementFinanceTodd HendersonnewslookFairholme CapitalBruno Del Amabill ackmanjeanne yurmanGlobal X FundsFannie Mae 02:26

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