The Obama administration's selection of a Patent and Trademark Office director cannot come soon enough, according to officials inside the agency. They cite serious cash-flow problems, internal cutbacks and a downturn in the number of applications filed and patents granted amid continued U.S. economic gloom. "We need a new director just as soon as we can get one," Patent Office Professional Association President Robert Budens said Monday. While the administration and Commerce Department, which houses PTO, have been tight-lipped about the appointment, sources say Commerce Secretary Gary Locke is involved and an announcement could come in the next week or two. Oft-mentioned prospects for the job include Q. Todd Dickinson, who ran the office under former President Bill Clinton, Silicon Valley attorney Jim Pooley and IBM Vice President David Kappos. During his March confirmation hearing, Locke vowed not to let urgent issues like the 2010 census crowd out topics like improving the patent office's productivity. The agency faces a backlog of more than 750,000 applications. Read the full story here.