Mr. Stupid

So the Perpetrators Are Now Our Saviors?

FNM and FRE are buys now since the bailout has been voted in. Their portfolios (good and bad) just dramatically jumped in value today. I'm surprised to see them trading down today. Maybe they are just letting folks in at a really good buy point.

Bill Ackman's Letter to Paulson On Restructuring Plan

Common stock will be worthless anyway you look at it after the injection of capital. Invest in FINANCIALS now for the pop this week...It will be short lived though so get in then get out.