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Reuters: Wall Street soars on Fannie, Freddie bailout

Started by chris, September 09, 2008, 03:00:31 PM

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chris

Wall Street soars on Fannie, Freddie bailout
      


NEW YORK (Reuters) - Stocks rose on Monday as investors bet Washington's bailout of mortgage finance giants Fannie Mae and Freddie Mac would stabilize the U.S. housing sector and calm jittery world financial markets.
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