Why Bill Ackman Is Bullish on Fannie and Freddie

May 5 (Bloomberg) -- Bill Ackman, who runs the $15 billion Pershing Square Capital Management LP, explains why he is bullish on Fannie Mae and Freddie Mac and comments on Valeant's offer for Allergan and his views on activist investing. He speaks with Stephanie Ruhle on Bloomberg Television's "Street Smart." (Source: Bloomberg)

BOJ Cuts Inflation Forecast
33:16 - The Bank of Japan announces its policy decision. Bloomberg's Kathleen Hays reports on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
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