Share the View: Banks Destress

Share The View

THE LATEST OPINIONS FROM BLOOMBERG VIEW

MARCH 7, 2015 bloombergview.com

WALL STREET Matt Levine: "How many banks should fail the Fed's annual stress tests? I guess there is some argument that you need to fail a few banks here and there, to keep them on their toes, or to prove to the public that the tests are super-rigorous. But the straightforward answer is 'zero.'" Read more... ASIA Adam Minter: "One year later, the disappearance of Malaysia Airlines Flight 370 is still Malaysia's biggest story. ... The missing flight, and the Malaysian government's controversial early responses to it, have had a staggering impact on the country. Politically, diplomatically and economically, Malaysia is vastly different than it was a year ago." Read more... FOREIGN POLICY James Gibney: The knife attack on U.S. Ambassador Mark Lippert in Seoul "has sparked concerns about whether he had adequate protection. The bigger issue for American diplomats is not whether they're vulnerable to attack. It's whether they can do their jobs under stifling security requirements that keep them in bunkers or whisk them away whenever danger seems to threaten." Read more... HEALTH-CARE REFORM Christopher Flavelle: "The odds that Obamacare will survive its latest legal challenge appear slightly better than even. But instead of relief, the law's supporters should take a moment to reflect on the deeper problem for the Affordable Care Act: its persistent and widespread unpopularity." Read more... UKRAINE CRISIS Leonid Bershidsky: "One of the most urgent demands made during Ukraine's 'revolution of dignity' last year was that the leading figures of deposed President Viktor Yanukovych's regime be brought to justice for plunder. But so far almost all of them, including Yanukovych himself, have gotten off scot-free." Read more... 2016 ELECTIONS Jonathan Bernstein: "Could Lindsey Graham have a rational plan for winning the presidency? He isn't going to get there by capturing the Republican nomination in 2016. ... Republicans have a strong field of candidates, and they aren't going to be flailing about (as they sort of did in 1996, 2008 and 2012) for someone at least minimally acceptable to them."Read more... TECH Megan McArdle: "I probably don't need to tell you that really good virtual reality would be really cool. Your imagination will readily supply amazing things you could do with it, from training to video games. There's only one small problem standing between us and the immersive virtual future: violent nausea." Read more... SPORTS Kavitha A. Davidson: "The New York Yankees don't really figure to have a great season this year, so the team is doing everything it can to distract from its dismal present by invoking its bright past. ... It won't be long until they retire Derek Jeter's No. 2. And apparently Yankees general manager Brian Cashman thinks that with the end of the single digits should come the end of the Yankees captaincy." Read more...