Pres. Obama announces caps on executive pay-outs among banks seeking government help though the details of who exactly qualifies for this punishment seem a little vague at this stage. Could the financial industry headed this off at the pass with an effective communications campaign and early internal reforms? Some argue so...

In  other news are the wheels already coming off the Obama communications machine? With money and the economy at the forefront of everyone's mind now is not the time for tax issues to bedevil you and senior economic advisors to get in to a turf war, surely?