Bloomberg reports that Fannie Says $100 Billion Pledge From Treasury May Not Be Enough:

Fannie Mae may need more than the $100 billion in funding pledged by the U.S. Treasury to stay afloat after reporting a record $29 billion loss and confronting more difficulty in issuing and refinancing debt.

``This commitment may not be sufficient to keep us in solvent condition or from being placed into receivership,'' if there are further ``substantial'' losses or if the company is unable to sell unsecured debt, Washington-based Fannie said in a filing today with the U.S. Securities and Exchange Commission.

Bloomberg also reports that AIG Bailout Swells to $150 Billion as Insurer Reports Fourth Straight Loss:

American International Group Inc. got a $150 billion government rescue package, almost doubling the initial bailout of less than two months ago as the insurer burns through cash at a record rate.

AIG will get lower interest rates and $40 billion of new capital from the government to help ease the impact of four straight quarterly deficits, including a $24.5 billion third- quarter loss posted today by the New York-based company.

My reaction: Government bailouts are now coming so fast they are hard to keep track of. I don't understand how anyone can have an optimistic outlook at this point.