Finance Takeout: So far, the federal government and banks have done swift work disentangling public and private interests, following the massive economic rescue effort launched last year. But Newsweek columnist Dan Gross says the Fed's hardest work is just around the corner. Gross says raising interest rates and cutting ties to the housing market are tough but necessary moves to truly get back to business as usual.
Politics Takeout: Time Magazine's Jay Newton Small reports on Alabama Rep. Parker Griffith's defection from the Democratic party to the Republican side of the aisle.
Sports Takeout: Our own Ibrahim Abdul-Matin with his second of top ten sports moments of the year: Serena Williams.