No. of Recommendations: 1
As I wrote back on September 10th:

"I am beginning to think that bailouts get scarcer from here on out. The Treasury has just strengthened every bank on the right side of the trade (bondholders) and those that weren't will melt away and be merged with the saved. Look for it. Who are the odd men out? Maybe we should look back to the do-not-short list for the answer. By one action the have plugged a thousand holes."

Did Paulson just draw a line in the sand? Frannie was the bailout to save the viable. The implicit was made explicit. Let the healing begin.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.