Even though the TLC cells have an erase-write rating of only 5, 000 cycles the company says the system provides an acceptable life using wear-leveling, write reduction and overprovisioning. (although we would like to see some field data on this) and provide a total storage capacity of up to 2 TB.

FORBES: Explosive Growth in Flash Memory Enterprise Applications

It is not clear, for instance, if it will include incentives for mortgage lenders and servicers to write down borrowers' principal, which may be the only way to stop the rot though more details are expected in coming weeks.

ECONOMIST: America's bank bail-out