Huffpost Business

The Case Against The Bernanke-Obama Financial Rescue

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OBAMA BERNANKE
President Barack Obama meets with Federal Reserve Chairman Ben Bernanke in the Oval Office of the White House in Washington, Tuesday, June 29, 2010. (AP Photo/Charles Dharapak) | ASSOCIATED PRESS

Atif Mian and Amir Sufi are convinced that the Great Recession could have been just another ordinary, lowercase recession if the federal government had acted more aggressively to help homeowners by reducing mortgage debts.

Read the whole story at The New York Times