The Conservatives would create a Financial Regulation Division within the Bank of England and a Financial Policy Committee similar to the rate-setting Monetary Policy Committee, which would monitor systemic risks and have the power to break up banks.

FORBES: Brit Bank Watchdog Under Threat

Mr. ROGER COLE (Director, Federal Reserve's Division of Banking Supervision and Regulation): I will say that given what we know now, yes, we could have done more sooner.

NPR: Senate Panel Studies Subprime Loan Woes

The most likely explanation: the leadership of the division of the FDA responsible for drug regulation, the Center for Drug Evaluation and Research (CDER), is seeking to avoid accountability for its role in the Avandia tragedy.

FORBES: Steven Nissen: The Hidden Agenda Behind The FDA's New Avandia Hearings

The New York Public High School Athletic Association, to accommodate the trend, last month revised a regulation so small teams that combine are not automatically bumped into a more competitive division.

WSJ: Declining NY enrollment blurs district lines

"I think it's clear there's no congressional appetite for even government-proposed voluntary guidelines, much less regulation, " said Mary Engle, head of the FTC's advertising practices division.

WSJ: Child's Play: Food Makers Hook Kids on Mobile Games