The fix is in?
It's not sexy and I suspect no one really cares,especially on this dismal anniversary of 9/11, but this Wall Street Journal editorial complains that certain investors are getting a free ride on the Fannie Mae bailout, courtesy, as usual, of us taxpayers.

With the weekend bailout, however, those investors can buy another vacation home, or three. On Monday, yield spread premiums on Fannie Mae subordinated debt maturing in 2011 plunged by three full percentage points to a bid of 3.50 points. Investing rarely gets better than this: Buy paper you know carries a higher risk but also a higher return, and then have Uncle Sugar eliminate that risk so you also make a windfall profit.