Breakingviews

Sandy fiasco reveals investor-customer disconnect

November 7, 2012

The storm that created up to $50 bln of damage across the East Coast left 8 mln customers without power, and ornery. Politicians are hopping mad, too. Yet the market values of the region’s major power utilities barely took a hit. If regulators do their job, that won’t last.

Chris Christie may soon feel Barack Obama’s pain

November 5, 2012

New Jersey’s Republican governor faces a Sandy-related revenue hit that will make it hard to balance the budget, as mandated. Deeper cuts to services or even a tax hike may be needed. Christie gets his chance to show the president he opposes how leadership and compromise work.

Storm dents Wall Street but spares U.S. election

By Breakingviews Columnists
October 30, 2012

The force of Hurricane Sandy left much of Lower Manhattan dark and could cost $20 bln or more. Luckily for voters, the weather arrived a full week before the Nov. 6 vote. The pundits will spin it, but the political impact of chaos in mostly Obama-leaning states is probably small.