Morning Mortgage Meltdown: Bernanke at Wit's End

Enter the Fed, the market's latest self-appointed hero. Chairman Ben Bernanke has seriously had enough of all this market sadness, and he's determined to put an end to it once and for all. The chairman wants to cut down on "exotic" mortgages and subprime loans, and also extend the Federal Reserve's program of low-cost loans to large investment banks — you know, to save them from themselves bankruptcy. Is that a light we see at the end of the tunnel? [NY Times]