Breakingviews

Looming US debt clash a safety check for investors

June 15, 2012

Washington looks set to repeat last year’s battle over the nation’s borrowing limit. That was almost a debacle. But the messy spectacle serves to put reducing deficits in the spotlight, forcing Congress to ensure that borrowing remains manageable. That should be welcomed.

Review: Bairing the strain of failed regulation

October 12, 2012

Former U.S. bank regulator Sheila Bair is by no means perfect, as several incidents in “Bull by the Horns” demonstrate. But she put taxpayers first and argued for banks to shoulder more of the burden for the industry’s failures, which is how the system is supposed to work.

from Rolfe Winkler:

Treasury is right to go long

October 27, 2009

Timothy Geithner wants to lock in low rates for the government while he can, extending the maturity of Treasury debt to 72 months from 49, a 26-year low. It's a smart move -- if he can pull it off.