- Companies have come under fire for price gouging and underpaying workers in a tough economy.
- Bumper profi… [+3289 chars]
Regions North America
Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist
Big corporate profits led to employers retaining workers, which helped shore up spending and prevent recession, said Mark Zandi of Moody's Analytics.
Mark Zandi is chief economist of Moody's Analytics.Tom Williams/Getty Images