U.S. Editor, Commentary
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Oct 31, 2015
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The Exchange: Why Ben Bernanke, appointed by Bush, is no longer a Republican

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Ben Bernanke, the former Federal Reserve chairman, is unapologetic about the central bank’s response to the great financial crisis. As he tells our editor Rob Cox, and outlines in his new book “The Courage to Act,” the Fed was given little help by a dysfunctional Congress in reviving the U.S. economy. In the absence of fiscal policy, the Fed had to do all the heavy lifting. As Bernanke tells Rob, it’s one reason Bernanke, who was appointed by President George W. Bush, has dropped his affiliation with the Republican Party. Subscribe to The Exchange on iTunes:

https://itunes.apple.com/us/podcast/id1054549852

Oct 30, 2015
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American bank laggards band together for safety

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

As the financial crisis peaked in October 2008, a handful of troubled banks sidled up to the U.S. Treasury Department to beg for cheap bailout money. Two of those laggards, KeyCorp and First Niagara Financial, are now banding together in search of safety.

Oct 30, 2015
via Breakingviews

American bank laggards band together for safety

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

As the financial crisis peaked in October 2008, a handful of troubled banks sidled up to the U.S. Treasury Department to beg for cheap bailout money. Two of those laggards, KeyCorp and First Niagara Financial, are now banding together in search of safety.

Oct 20, 2015
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Peru a governance test shy of frontier status

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The author is a Reuters Breakingviews columnist. The opinions expressed are their own.

Peru’s economy is set to expand 2.4 percent this year and 3.3 percent next year, the International Monetary Fund predicts. No other sizable nation in Latin America will match that, though by Peru’s recent standards it’s ho-hum. Yet the gurus over at MSCI, the U.S. company that compiles indexes global investors use to allocate capital, are threatening to downgrade Peru to the status of Nigeria and Pakistan. An unlikely antidote may come from that most Yankee of multinationals: Coca-Cola.

Oct 14, 2015
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Twitter patches broken wing with chairman choice

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Twitter killed two birds with one appointment: naming Google billionaire Omid Kordestani as executive chairman. The move supplements Jack Dorsey’s stretched position as a two-timing chief executive and brings in a much-needed money man to survey the micro-blogging service’s foundering business model. Ideally, though, they’d reverse roles completely.

Oct 13, 2015
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Rob Cox: VW needs an eight-step recovery plan

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Volkswagen needs an eight-step recovery plan. At the very least, Europe’s biggest carmaker – which has been caught in an elaborate engineering deception – needs to mollify that many key constituencies if it ever hopes to restore its credibility. Though there are many overlaps among them, Volkswagen’s customers, investors, suppliers and dealers, governments, unions, staff and, well, ordinary people will each require a somewhat unique approach.

Oct 13, 2015
via Breakingviews

Rob Cox: VW needs an eight-step recovery plan

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Volkswagen needs an eight-step recovery plan. At the very least, Europe’s biggest carmaker – which has been caught in an elaborate engineering deception – needs to mollify that many key constituencies if it ever hopes to restore its credibility. Though there are many overlaps among them, Volkswagen’s customers, investors, suppliers and dealers, governments, unions, staff and, well, ordinary people will each require a somewhat unique approach.

Oct 6, 2015
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Rob Cox: Wal-Mart just shy of target on gun front

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Trinity Church stands at the top of Wall Street, surrounded by the graves of illustrious former parishioners. One was Alexander Hamilton, the first U.S. secretary of the Treasury. Though the founding father may be better known today as the subject of a hip-hop show playing farther north on Broadway, Hamilton ended up in Trinity’s burial ground after famously being shot in a duel with rival Aaron Burr.

Oct 6, 2015
via Breakingviews

Rob Cox: Wal-Mart just shy of target on gun front

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Trinity Church stands at the top of Wall Street, surrounded by the graves of illustrious former parishioners. One was Alexander Hamilton, the first U.S. secretary of the Treasury. Though the founding father may be better known today as the subject of a hip-hop show playing farther north on Broadway, Hamilton ended up in Trinity’s burial ground after famously being shot in a duel with rival Aaron Burr.

Oct 1, 2015
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Rob Cox: Poland risks backsliding on free markets

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

During election season across most of Europe, talk of taxing banks and supermarkets, making public companies do the state’s bidding, raising the minimum wage and reducing the official retirement age may be standard fare. Not in Poland – until now.

    • About Rob

      "Rob Cox helped establish Breakingviews in 2000 in London. From 2004 he spearheaded the firm's expansion in the United States and edited its American edition, including the daily Breakingviews columns in the New York Times and Wall Street Journal. Rob has worked as a financial journalist in London, Milan, New York, Washington, Chicago and Tokyo. Rob graduated from Columbia University’s Journalism School and the University of Vermont. Follow Rob on Twitter @rob1cox"
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