If Retirement Savings Plus accounts enabled low-income Americans to build up sizeable nest-eggs outside the Social Security system, the notion of cutting Social Security benefits might become less politically explosive.

ECONOMIST: The precarious politics of prosperity

All regulators, and especially the Federal Reserve, were accused of failing to identify the housing market bubble that preceded the financial crisis, and the new council will be charged with spotting such a build-up of risk in the financial system in future.

BBC: Q&A: US Senate's banking regulation bill

We now know there was at least one big problem with this narrow approach: it encouraged the Bank of England to ignore a lot of other important stuff such as rising asset prices and the build-up of huge debts within the banking system, which weren't causing inflation but turned out to pose a massive threat to our economic stability.

BBC: A new target for the Bank of England?

The good news is that big banks probably now have enough capital to absorb the aggregate loss rate suffered by the system from 2007 to 2009 (although their build-up of liquidity reserves has been patchier).

ECONOMIST: The task of sorting out banking is far from finished

Aided by a pulsating public address system, the home fans generated a lively atmosphere in the build-up to the match, but it was Boro who had the first chance when Jeremie Aliadiere fired straight at Maik Taylor.

BBC: Birmingham 3-0 Middlesbrough

But there were a couple of critical differences in that deal: For one, with its millions of paying dial-up customers, AOL didn't need to build out an incredibly expensive broadband distribution system.

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