A ctivist B ill A ckm an’sPershingSquareC apital M anagem ent LP filedits secondlaw suitintw odays against theU .S . governm ent overbailout of FannieM aeandFreddieM ac，courtdocum ents show .

　　法庭文件顯示，激進投資者比爾·艾克曼的潘興廣場資本管理公司就房利美和房地美的政府救助案在兩天之內對美國政府提起第二次訴訟。(路透社)

　　InFriday’s com plaint w iththe U .S . D is-trict C ourt，PershingSquareallegedthat theD epartm ent of the T reasuryillegallyseizedtensof billionsof dollarsin Fannieand Freddieprofits. Inthe secondlaw suit，Pershingsuggeststhe m ortgage com panies’dividends beingpaidtotheT reasuryshould beshared am ong othercom m onshareholders.

　　在15日向美國地方法院提交的訴狀中，潘興廣場宣稱美國財政部非法佔有房利美和房地美數百億美元經營利潤。在第二份訴訟中，潘興廣場指出，這兩家住房抵押貸款機構向財政部上繳的股利應由其他普通股東共用。(路透社)

　　Pershing Square’ssuit，filed Friday inU .S . D istrict C ourt inW ashington，D .C .，alsonam esasadefendanttheF ederal H ousingFinanceA gency，theregulatory agency thatcontrols Fannie andFreddie.

　　潘興廣場15日向美國華盛頓地區法院提起的這份訴訟也將房利美和房地美的監管機構美國聯邦住房金融局列為被告。(《華爾街日報》)

　　Pershing Square said in the com plaint that it wastoldthe Fannie andFreddie stockholders no longerhave fundam ental shareholders rights. Federal H ousingFinance A gency(FH FA )，denied“written dem ands byPershing Square to the com panies‘boards of directorsfor a books and records inspection”，according to thecom plaint.

　　潘興廣場在訴狀中稱，其被告知房利美和房地美的股東不再享有基本股東權利。根據訴狀顯示，美國聯邦住房金融局拒絕“潘興廣場以書面形式向兩房董事會提出的檢查賬目紀錄的請求”。(路透社)

　　Pershing Square is the biggest holder of Fannieand Freddie’s com m on stock，with about 10 per centof each，but its litigation is filed jointly with three sm allshareholders—a retired nurse，a form er social workerand a scientist.

　　潘興廣場是房利美和房地美最大股東，各擁有兩家公司約10%的普通股。不過此次訴訟由其與三名小股東共同提起，包括一名退休護士、一名前社會服務人員和一名科學家。(《金融時報》)

　　Inacom plaint filedonT hursdayw iththeU .S . C ourt of Federal C laim s inW ashington，D .C .，Pershing accused thegovernm entofviolating theFifth A m endm ent of theU .S .Constitutionbytakingprivate propertyfor pub-lic use w ithout just com pensation.

　　此前，在14日向美國華盛頓聯邦索賠法院提起的訴訟中，潘興廣場指控美國政府將私人財産充作公用且未提供合理補償，侵犯了美國憲法修正案第五條的規定。(路透社)

　　T hough thelaw suitsraisedifferent legaltheoriesandarein different courts，theyarebothdesignedtoenable A ckm antorecoupsum sfor thedepressedvalueof his FannieM aeandFreddie M ac shares.

　　儘管這兩次訴訟運用了不同法律理論且向不同法院提起，但都旨在使艾克曼收回部分其在房利美和房地美持股中被壓低的價值。(路透社)

　　Fannie andFreddie collapsedin2008underthew eight of toxicm ortgageinvestm ents，butthegovernm ent put them intoconservatorshipand theirsharesand preferred stock kepttrading. H edgefunds investedyears later w henit lookedas if thecom panies w ouldreturntoprofit，but theT reasurychangedtheterm s ofthebailout in2012todivert thoseprofits tothe taxpayer.

　　在不良抵押貸款投資的重壓下，房利美和房地美于2008年瀕臨破産。美國政府通過救助將兩房置於監護之下，兩家公司的普通股和優先股也繼續保持交易。因兩家公司看似能重返盈利道路，一些基金公司在幾年後對兩房進行投資。然而，美國財政部在2012年修改了救助條款，將兩房利潤轉移給納稅人。(《金融時報》)

　　Fannie M ae and Freddie M ac paid fixed dividendsof 10percent onthe governm ent’s stockuntil theTreasury am ended the term s of the bailout to take alltheir earnings. The agreem ents and dividend paym entsto the Treasury m ake it im possible for stockholders torealize future value of their ow nership interest in theentities，Pershing Square said in its com plaint.

　　此前，房利美和房地美原本對政府持有股票支付10%的固定股利，直到財政部修改救助條款，改為沒收兩房所有盈利。潘興廣場在訴狀中稱，政府協議及向財政部上繳所有股利使得股東們無法對其持有資産的所有權權益兌現未來價值。(彭博社)

　　PershingSquare’s com plaint is at least the20thlaw suit challengingthegovernm ent’s de-cisiontodivert FannieM aeandFreddieM acprofits tothe Treasury.

　　潘興廣場此次訴訟是其針對美國政府將房利美和房地美利潤轉交給財政部的決定提出的至少第20次訴訟。(彭博社)

　　Inapresentationof his ideas onthe futureof Fannieand Freddieearlierthisyear，M rA ckm ansaidhehopedtobeapartner totheU S governm ent in reform inghousingfinanceandpredictedthat theT reasuryw ouldm akem ore m oneyreturningthe com panies tothe pri-vate sector thanbyw indingthem dow n.

　　在今年早些時候的一次演講中，艾克曼曾表達對房利美和房地美未來規劃的想法。他表示希望成為美國政府在改革住房金融方面的合作夥伴。他還預測，財政部若將兩房放歸私人領域，將比逐漸取消兩房獲利更多。(《金融時報》)

　　(廖冰清 編譯)