Why don't we start up Gambler Mae?(ZT)

Bill Fleckenstein, president of Fleckenstein Capital, a hedge fundmanager who is betting against credit-industry stocks, said the marketis going through a correction in which securitized mortgages thatfueled the housing boom are being marked to their real value.

"There'sgoing to be a shutdown in the housing market. And Fannie Mae andFreddie Mac are not going to be able to bail it out, nor should they,"Fleckenstein said. "If Fannie Mae and Freddie or somebody bails out thehousing market, then you tell me why we don't start up Gambler Mae sothat any lottery ticket owner, any football bettor, any guy at thetrack, any stock operator who loses money can get bailed out, too."