The Bush administration is working with Congress to fill in the details of its plan to stabilize the financial markets.

FDIC losses flow from a bank's entire balance sheet and not just from a few specific asset categories.  It is hard to square the FDIC's losses with the limited focus of the Financial Stability Plan, developed by the bank regulators and the U.S. Treasury. Their Plan focuses on only a few categories of troubled assets rather than on an institution's overall solvency.

The Huntsman plan for regulatory reform is a good effort, but it fails to come close to accomplishing the one major goal that it highlights in its summary description — “ending” too-big-to-fail (TBTF).

The financial crisis in Europe seems very complex, but we understand that how it comes out will have important and perhaps painful consequences for Americans as well as Europeans. As a guide for the perplexed, here are some Qs and As that might shed some light on why we are where we are.

Panelists will address questions regarding Treasury Secretary Timothy Geithner's recently proposed two-part plan for addressing systemic risk.

This event will examine and discuss President Obama's financial policy.

Political dysfunction. Partisanship at record levels. Attack politics run amok. And public approval of Congress scraping the single digits (Sen. John McCain is fond of saying it's down to blood rlatives and paid staff).

Europe is now battling an acute systemic debt crisis that threatens the global financial system and the global economy. This worsening crisis constitutes the largest single threat to the US economy and its financial system