Index: Ruby.tmbundle/Snippets/Wrap in Begin … Rescue … End.plist
===================================================================
--- Ruby.tmbundle/Snippets/Wrap in Begin … Rescue … End.plist	(revision 11116)
+++ Ruby.tmbundle/Snippets/Wrap in Begin … Rescue … End.plist	(working copy)
@@ -5,7 +5,7 @@
 	<key>content</key>
 	<string>${TM_SELECTED_TEXT/([\t ]*).*/$1/m}begin
 	${3:${TM_SELECTED_TEXT/(\A.*)|(.+)|\n\z/(?1:$0:(?2:\t$0))/g}}
-${TM_SELECTED_TEXT/([\t ]*).*/$1/m}rescue ${1:Exception} =&gt; ${2:e}
+${TM_SELECTED_TEXT/([\t ]*).*/$1/m}rescue ${1:Exception}${2/.+/ =&gt; /}${2:e}
 ${TM_SELECTED_TEXT/([\t ]*).*/$1/m}	$0
 ${TM_SELECTED_TEXT/([\t ]*).*/$1/m}end
 </string>