In the future, Fannie Mae (NASDAQOTH: FNMA ) and Freddie Mac (NASDAQOTH: FMCC ) won't exist – that is if Fairholme Fund's (NASDAQMUTFUND: FAIRX ) Bruce Berkowitz gets his wish. In this segment of The Motley Fool's financials-focused show, Where the Money Is, financial-sector analysts Matt Koppenheffer and David Hanson discuss what Berkowitz's plan for the entities means for the holders of the preferred and common stock, if it ultimately was accepted.
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