Bair Supports Pre-Funded Resolution Regime for Troubled Large Firms
A pre-funded resolution mechanism and a clear mandate are needed to close large, systemically important firms when they get into trouble, FDIC Chairman Sheila Bair told the National Association for Business Economics yesterday. More Newsbytes / Archive 

Business Productivity Revised Upward to 6.9 Percent
Labor productivity growth was revised upwards for the fourth quarter to 6.9 percent at a seasonally adjusted annualized rate. This was the third consecutive quarter where labor productivity grew at rates near or in excess of 7 percent. The gains occurred due to increasing output as firms also reduced their payrolls. More Perspectives