As required by the Dodd-Frank Act, the FDIC and the Federal Reserve Board of Governors have issued a notice of proposed rulemaking (NPR) to implement the "Living Will" requirements of Section 165(d).

It is not a moment too soon for the IMF to start planning how to respond to a spate of Euro-zone sovereign debt defaults, and the possible Euro exit of a few countries within the next year or so.

The Treasury Department's "superconduit" is not a bailout. It's a means of price discovery for mortgage- and other asset-backed securities.

We have been studying Washington politics and Congress for more than 40 years, and never have we seen them this dysfunctional. In our past writings, we have criticized both parties when we believed it was warranted. Today, however, we have no choice but to acknowledge that the core of the problem lies with the Republican Party.

The Postal Service needs to be converted into a regular business, facing market competition and disciplined by active, focused shareholders. It must be permitted to reduce its high and rigid costs, and to adjust to the realities of a new communications marketplace. This should be done through de-monopolization, corporatization, and eventual privatization, as has been done in many other countries.

As President Obama prepares to meet other G-20 leaders in Cannes later this week, he previewed his pitch with an op-ed in the Financial Times. It read a bit like a half-time locker room pep talk to a team that had gotten knocked around on the field.

President Obama in his State of the Union Address proposed that legislation be passed authorizing FHA to provide all homeowners that are current on their mortgage the opportunity to refinance at today's record low rates.