Top analysts find government action saved U.S. economy

In a new paper released Wednesday, entitled “How the Great Recession Was Brought to an End,” prominent economists Alan Blinder and Mark Zandi say the stimulus, stress tests, emergency Federal Reserve maneuvers and Troubled Asset Relief Program saved the…

Real Answer to Mortgage Crisis Is Delayed Gratification

While the Federal Reserve tries to rescue the stock market from the collapse of subprime mortgage lending, the Congress is trying to save some of its victims.

A bill passed Tuesday by the U.S. House of Representatives will allow…