Earlier this week, President Obama won a major political victory with congressional passage of his health care reform plan.

VOA: special.2010.03.27

Most importantly, this plan won't impose any new cost on the taxpayer.

WSJ: Banks Need Fewer Carrots and More Sticks

Assuming investors believe the FDIC means what it says, and that this plan won't be scrapped the next time the FDIC's senior staff turns over, we're still trying to forecast all of the market distortions that could result.

WSJ: Review & Outlook: The Dodd-Frank Downgrade

Although the zoo says this went "very much to plan", it won't know until the summer whether it actually worked.

BBC: How do you get a panda pregnant?