“The bonds of Fannie and Freddie can’t be allowed fail. But their stocks sure can.”  (Slate.com)

How Fannie and Freddie got so big, and why they should get smaller.  (NYTimes.com, csmonitor.com)

Everyone is going to have to pay to bailout Fannie and Freddie.  (Econbrowser also EconLog)

What might the Treasury say about the beleaguered giants?  (Calculated Risk, Infectious Greed)

RIP, IndyMac.  (footnoted.org also TraderFeed)

Some notable value investors have taken it on the chin of late.  (WSJ.com)

Few, if any, mutual fund managers can claim to have stock-picking abilities.  (NYTimes.com)

Is Barron’s call for a housing bottom a tad early?  (Big Picture)

In a global bear market it is not surprising the stock exchange stocks have sold off.  (Bull Bear Trader)

Is the biotech sector a worthy hiding place?  (Howard Lindzon, Dash of Insight)

Jason Zweig’s new column debuts in the Wall Street Journal.  (WSJ.com also Street Capitalist)

Not surprisingly a higher bid helps close a hostile takeover.  (Deal Journal)

“Fair value on a 60-year horizon doesn’t offer much comfort to investors looking for profits in the next few quarters.”  (breakingviews/WSJ.com)

A refresher on the dividend discount model (DDM).  (Disciplined Approach)

Nine economics books for your perusal.  (Barrons.com)

iPhone apps for investors.  (Infectious Greed)

Computers are getting better at playing poker.  (Gizmodo)

Are you curious what other bloggers are saying about Abnormal Returns? So are we. Feel free to check them out.