http://online.wsj.com/article/SB1220..._us_whats_newsWashington Mutual Forces Out CEO
Mish on the GSE buyout
http://globaleconomicanalysis.blogsp...r-expense.html
Wonder what will have happened in the US by tommorrow
http://www.marketwatch.com/news/stor...%7D&siteid=rssWASHINGTON (MarketWatch) - In the biggest government bailout in U.S. history, the Treasury said Sunday that regulators are seizing control of home mortgage giants Fannie Mae and Freddie Mac.
http://hf-implode.com/viewnews/2008-...hedgefund.htmlMcGoldrick, who famously earned $70m a year ($200,000 a day), but resigned because it was not enough, has asked his old firm to raise money for a super hedge fund that will concentrate on special situations.
http://www.nakedcapitalism.com/2008/...ts-mainly.htmlNot only is the commentary in the blogosphere on the Freddie and Fannie bailout program pretty skeptical, but even some normally staid MSM commentators have an eyebrow cocked.
http://www.marketwatch.com/news/stor...%7D&siteid=rssDollar mixed after Fannie, Freddie rescue
Treasurys tumble on supply worries, returning risk appetite
http://news.yahoo.com/s/ap/20080908/.../world_marketsLONDON - World stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac — a move that could help bolster a shaky U.S. housing market and renew global investor confidence.



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