Saving the Banks
The most important steps of the administration's recovery plan are still to come. This editorial from yesterday's Washington Post discusses three approaches.

In Geithner's Overhaul, Aggressive Use of All Available Tools Expected
The nation's top economic policymakers were putting the finishing touches yesterday on a financial rescue plan that will deploy hundreds of billions of dollars to spur the flow of credit to consumers and businesses according to this article in the Washington Post.

Bank Bailout Plan Revamped
The Wall Street Journal reports today that Treasury Secretary Timothy Geithner is expected to announce that the government will become a partner with the private sector to purchase banks' troubled assets, according to people familiar with the matter.

Spending More Than $800 Billion Is the Easy Part
"We know what we need to do: inject capital into the banks, clean up their balance sheets, get rid of the bad loans in their portfolios that are clogging up the arteries," a senior member of Mr. Obama's economic team said in this article from today's New York Times.

Slumdogs Unite!
Frank Rich hypothesizes "Jon Stewart might say, oh those pesky ordinary Americans!" in Sunday's New York Times.

Potomac's Postpartisan Depression
Somehow the most well-known person on the planet lost control of the economic message to someone named Eric Cantor. (And Larry Summers ended up making Henry Paulson seem riveting.) So says Maureen Dowd in yesterday's New York Times.

The Value of 'Other People's Money'
Melvin I. Urofsky writes in Sunday's Times that "Other People's Money" influenced both Woodrow Wilson's New Freedom agenda and Franklin Roosevelt's New Deal. It also offers valuable lessons for today.