It's apparently easier to win a Nobel Prize in economics than it is to navigate the perilous partisan waters of Washington politics.
That's one lesson to draw from the case of Peter Diamond, the Nobel laureate and Massachusetts Institute of Technology professor who President Obama nominated to be a Federal Reserve Board governor but who won't be coming to Washington, after all.
Republicans on the Senate Banking Committee soured on Diamond after several had initially seemed supportive.
The International Olympic Committee is listening to pitches and accepting bids Monday and Tuesday for exclusive rights to broadcast the Olympics in the United States.
American broadcast rights are the single biggest revenue generator for the IOC and the bidding underway in Lausanne, Switzerland, has ABC/ESPN and Fox challenging NBC for its lock on the 10 most recent summer and winter games.
The IOC is hoping for a deal totaling more than $4 billion for four Olympics, beginning with the Sochi, Russia, Winter Games in 2014. That would be the biggest TV rights deal ever.
Later this month, President Barack Obama is expected to announce just how many troops will be pulled out of Afghanistan starting in July. Whether the U.S. should still be engaged in Afghanistan has been hotly contested for years, but the budget crunch and the killing of Osama bin Laden has only intensified the debate.