Sept 17 (Reuters) - Recent U.S. government actions to address the crisis in the financial sector are "extremely positive developments," which confirm "the sense that the endgame has begun," says Marco Annunziata, global head of economics at UniCredit. "U.S. authorities are showing the strategic thinking and composure needed to win." At this stage, the Unicredit analyst says solutions have been found for Bear Stearns, Lehman, Merrill Lynch, Fannie and Freddie, and AIG. "It becomes easier to imagine that the next likely flashpoints, such as Washington Mutual and Wachovia, will also be handled without triggering a systemic meltdown." The fact that the real economy has so far proved more resilient than expected also justifies a modicum of optimism, he adds.
Reuters Messaging: rm://gertrude.chavez.reuters.com@reuters.net
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