bethany mclean, new book, shaky ground, the strange saga of the u.s. mortgage giants. >> thank you so much. >> i got the title right. >> you did. >> up next, more on that big beer deal that might be brewing. plus a super sweet stock upgrade to talk about. it's all coming up when "power lunch" returns. stick around. >>> shares of fitbit jumping today after target announced it would begin offering the company's fitness trackers to its 335,000 associates for free. jim cramer will speak with the ceo james park on mad money tomorrow night and check out this lineup for tant's show. cisco and sales force joining jim on a special edition of "mad money" from cnbc's one market in san francisco. do not miss the show. >> will not. >>> shares of molson coors getting a big pop today. in fact, the company, the best performer in the s&p 500 right now trading at all-time highs dating back to when coors went public in 1975. molson and coors merged back in 2005. but that molson coors deal is peanuts or maybe beer nuts compared to one that may be in the works. anheuser-bu

. >> rose: also this evening, bethany mclean and bill ackman. they talk about her book, shaky ground, the strange saga of the u.s. mortgage giant. it is about fannie may and fred-year mack. >> the solution we think is truly to restore fannie and freddie to what they were 30 and 40 years ago which was very safe businesses guaranteeing the timly payment of interest and principal. why is that important? the u.s. economy is really the only housing finance market in the world where you can bore woe-- borrow money for 30 years at a fixed rate am you can borrow 80% of the value of a home. and that ability to borrow 80% of the value of a home at a very low fixed rate, you can borrow money, some people less than 4% on a first mortgage on a 250,000 dollar home is what enabled, really enables the american dream of owning a home. and in effect, a very good way to save for retirement. that simple model is what we need to go back to. >> we conclude this evening with salman rushdie, his book is called two years eight months and 28 nights. it is a novel. >> i w

haky i'm pleased to be joining by manhany mclean and bill ack from pershing square management. give me a primer. bethanythey were formed by congress in the wake of the global crisis. the one thing that we might figure out to do with these two companies, what might make more sense. but instead, here he arson years later, the companies are still in conservatorship. they're supported by lines of credit from the government. we have done nothing. even more frightening, the companies have gotten bigger. they have over $5 trillion of debt backed by home mortgages. and thanks to a decision by the government, they have no capital to back that up. in the wake of the capital, we need more of it, that will make the financial system safer. in contrast, we have these two companies, which together are two of the biggest entities in the world, no capital. run by jim johnson in the 1990's, the washington post was called the chairman of the universe. was talk about the accounting scandal, that he might be the first black president of the data states. charlie: what happened? bill: right after the great depression, fannie