Market Update from Trade The News

Asian Market Update:
Asian markets divided over implications of FRE/FNM bailout

- A summary of the FRE/FNM bailout
plan: The companies will open Monday morning, only with stronger backing
for the holders of MBS, senior debt and subordinated debt. The U.S. is now
buying MBS securities direct from GSEs in the open market, and there is no
explicit limit specified. ...

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