The race for the IMF's managing director took on the element of farce when the United States, which holds a blocking minority vote, effectively rejected Germany's first choice to head the world organisation.

BBC: Fischer withdraws as IMF candidate

"In a high-net-worth portfolio, the floating rate element is typically cash, " says Andrew Marshak, a managing director in Credit Suisse Asset Management's Credit Investment Group.

WSJ: A Secure High-Yield Alternative?

"The human element is always the most insecure, " says Jennifer Granick, executive director of Stanford's Center for Internet and Society.

FORBES: Accounting For Human Error

Cooperation by all levels of government - federal, state and municipal - is a crucial element necessary for long-term recovery in the region, said Amy Liu, deputy director of The Brookings Institution Metropolitan Policy Program.

CNN: Tale of two cities: Biloxi and New Orleans

And so the key element that it needs to focus on, and it cannot focus on until it has a director in place, is this non-bank sector and the financial services industry -- so payday lenders, mortgage servicers, credit card companies and so forth.

WHITEHOUSE: The White House

"These products are often referred to as upgraded accounts, but if you end up paying for an element you cannot claim on, it is money down the drain, " said Sheila Nicoll, FSA director of policy.

BBC: Bank rules seek to prevent account mis-selling