GSE Bailout Was Inevitable by Global-View.com

As for the market, it looks like Paulson & Co are finally doing what alot saw as inevitable - a government bailout of Freddie and Fannie. It will be interesting to see how the market reacts as it can be taken both ways as a bailout raises alot of issues, more long-term negative than short-term. The short-term should see some relief as this firestorm is taken off the table.

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