Share prices of Home Depot are up. Banks are up. Oh my startled heart, even home builders are trading higher this morning. Hours after the Fannie and Freddie bailout announcement on Sunday, investors think housing may have a future, after all.
Of course it still has its past around its neck. Ask the ousted president of Washington Mutual, which continues reeling from the risky loans it made by the truckload in markets like Sacramento.
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