Turn the Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) Bailout Extension into Your Gain

They call it “burying” in Washington, D.C. It’s when you release politically unsavory news on Friday evening. Most folks just aren’t paying attention on Fridays and by the time next week’s news cycle comes around, the mainstream media has already moved onto something new. The ultimate “burying” days are just before holidays. This past Christmas Eve was no different. While millions of Americans were traveling, getting together with their families, or crossing off the final names on their shopping list, the U.S. Treasury “buried” its latest addition to the unpopular bailouts for Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) . On Christmas Eve the Treasury announced…