Freddie Mac may raise $10 billion

The explicitly guaranteed GSE, Freddie Mac, is mulling a possible $10 billion equity round to raise capital to try to avoid from kicking in the taxpayer-financed bailout that Hank Paulson is hot and heavy on. I don't know how you raise that much cash at such a terrible stock price without completely diluting the hell out of the rest of the shareholders; but onward I say.  Better the stockholders than the taxpayers.  I say raise away until the stock is worth nothing (better get moving). From Market Watch: Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors, the Wall Street Journal reported Friday, citing unnamed people familiar with the matter. The move, which comes as emergency regulatory actions have triggered a two-day rebound