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.