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Reuters: Wall St surges on hopes of easing credit crunch

Started by dave, March 20, 2008, 10:01:02 PM

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dave

Wall St surges on hopes of easing credit crunch
      


NEW YORK (Reuters) - Stocks jumped on Thursday, capping a tumultuous week, on optimism that giving Fannie Mae and Freddie Mac a bigger role in the mortgage market will ease a credit crunch that claimed Bear Stearns as its biggest victim.
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