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Dec 9, 2025 4:00 PM

The Big Short Bets The House On Trump And The 'Toxic Twins'

Michael Burry made a fortune by predicting the 2008 housing collapse and shorting subprime mortgage-backed securities. In an ironic twist, he is now betting on the resurrection of the stocks at the epicenter of that crisis: Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC).

FMCC stock is moving. See the price action here. 

For over a decade, the “Toxic Twins” have been in government conservatorship with their profits swept into the U.S. Treasury. 

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