Reuters: Fannie, Freddie shares jump as shorts book profits

[chris]

Fannie, Freddie shares jump as shorts book profits
      

By Lynn Adler and Doris Frankel
    NEW YORK/CHICAGO (Reuters) - Fannie Mae and Freddie Mac shares jumped almost 50 percent on Thursday as Congress neared an agreement on a $700 billion bailout plan that would help the two mortgage finance companies, forcing some investors to reverse bets the stocks would fall.
    The shares are trading at nearly 10 times the lows set after the U.S. government took control of the two companies in early September.
    Investors faced with a short-selling ban are
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