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Asian Stocks Surge as US Government Rescues Troubled Mortgage Lenders
if you justralia have a glook across the board there's a sea of green: anz is up 6.5 percent; you've got westpac up four percent .
economists think the decision to take control of the troubled companies will ease global financial market worries by stabilizing the u.s .
so a sharp turn around four stocks and it's really a reprieve from the fear-driven environment that we have seen over the last couple of months .
stock prices in asia and australia have soartened in response to a united states government plan to rescue mortgage giants freddie mac and fannie mae .