Commentary: Experts propose alternative to TARP

11/17/2008 | NYTimes.com

Taxpayers have seen the U.S. government's Troubled Asset Relief Program morph a number of times. For some, the changes may be disconcerting, while others, including Treasury Secretary Henry Paulson, tout the benefits of being flexible. The New York Times' Gretchen Morgenson details a plan put forth by a pair of experts suggesting that maybe it is time to use the government funds to attack the root of the financial crisis: an increasing number of foreclosures.

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