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...Caroline Daniel is editor of FT Weekend Illustration by Toby Whitebread...
...Daniel Schmerin, director of investment research at Fairholme, said the shares it sold to Mr Icahn were “de minimis” relative to the rest of its holdings in Fannie and Freddie....
...But Mr Berkowitz added: “We are trying to give every constituency what they want.”...
...Indeed, at the break, Daniel Petrocelli, Mr Skilling’s lawyer, said his client might as well be a “cardboard cut-out’’ on the witness stand, for all the answers he was getting in....
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