What Hedge Funds Want From Fannie and Freddie

Nov. 22 (Bloomberg) -- What Wall Street investors like Bill Ackman, Bruce Berkowitz and John Paulson are looking for out of their very big bets on Fannie Mae and Freddie Mac--as the President and top Republicans are trying to figure out how to shut Fannie and Freddie down. Bloomberg's Peter Cook reports.
Developers Nervous as London Presales Slump: EC Harris
42:13 - (Bloomberg) -- Mark Farmer, head of the residential team at consulting firm EC Harris LLP, says developers are nervous about presales of London homes under construction, which slumped 27 percent to about 5,109 in the second quarter from about 7,046 in the same period last year, according to broker Chestertons, citing data compiled by Molior London Ltd. There's a "sense perhaps that London is just expensive at the moment," Farmer said in an interview with Bloomberg's Neil Callanan. (Source: Bloomberg)
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