Should Wall Street bail out Main Street?

Alan Sloan writes about a plan to reduce the interest rates on government backed mortgages that would benefit homeowners and cost investors who have already been bailed out by the US government. What do you think? Is this an unfair changing of the rules in the middle of the game or a leveling of the playing field?

As usual in economics, one needs to think about the opportunity costs and the unintended consequences that may occur.