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Michael Burry Says It’s “Good News” for Fannie and Freddie

Summary by 24/7 Wall St.
Michael Burry dumped his Fannie and Freddie common shares before a court victory sent them surging, and his reason for switching to preferred stock reveals exactly why that bounce may flatter common holders more than it rewards them.

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BizToc broke the news on Wednesday, October 21, 2026.
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