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Over the past year, the federal government has poured money into the economy hundreds of billions of dollars at a time. It has also guaranteed investments, loans and deposits worth about $8 trillion. Barry Ritholtz, the author of "Bailout Nation," points out that this project constitutes the largest infusion in American history. ...more
December 1, 2008
The stranglehold on the credit markets remained tight Friday after the House approved a revised $700 billion financial bailout, with investors nervous that the plan is at most a first step in repairing the faltering U.S. economy. ...more
October 4, 2008
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