Items Tagged with 'Berkowicz'


  • Carl Icahn bets $50M on Fannie, Freddie

    Did the fight over GSE shareholder rights just get real?
    Activist investor Carl Icahn’s big $50 million bet on Fannie Mae and Freddie Mac brings even bigger guns to the table for investors in the GSEs who want the mortgage giants to pay shareholder profits it owes.
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  • FINRA Sanctions Three Brokers Over CMO Sales

    Long-time HW readers may recall an earlier brouhaha over failed Orange County, Calif.-based brokerage Brookstreet Securities Corp., and regulators' subsequent investigation into collateralized mortgage obligations, or CMOs; at the time, the Financial Industry Regulatory Authority said it was probing individual brokerages over suitability concerns tied to CMOs.
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