What do you want the FED to do? Massage your ass hole. The FED is guarding against inflation which is the economy first enemy. Not every time some GREEDY VULTURES SPECULATORS get blinded with their Greed like animals whether in the Tech Bubble or Housing and Mortgage Bubble the FED should not runs and bail them. Let them suffer they never learn. If you let them off the hook easy they do it again and again and put all of us in troubles. The mortgage companies knew very well that the houses are in bubbles and the Mortgages they gave has no economic basis but they were racing like wild animals to give the mortgages to any jerk. Let these mortgage companies and so called hedge funds go out of business, we might suffer a little but at the end we will be fine.