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Reuters: GSE rescue could scare bears

Started by chris, September 08, 2008, 02:00:47 AM

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chris

GSE rescue could scare bears
      


NEW YORK (Reuters) - Bears have reigned supreme on Wall Street so far in September thanks to growing concern about economies worldwide, but their grip on stocks faces a big challenge after the U.S. government's weekend seizure of control of mortgage finance giants Fannie Mae and Freddie Mac.
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