Share the View: The Banks We Need

Share The View

THE LATEST OPINIONS FROM BLOOMBERG VIEW

MARCH 12, 2015 bloombergview.com

BANKING The Editors: "The 2008 crash and its consequences proved beyond a doubt the need for stronger and smarter regulation of banking and finance. Getting this right remains a challenge, but there's been progress. One worsening obstacle to intelligent rule-making, though, should be cleared away before it becomes a bigger nuisance than it is already -- and that's a lazy, ill-founded prejudice against the finance industry and its workers."Read more... U.S. ECONOMY Matthew A. Winkler: "There are plenty of reasons to presume that California must be a bad place to do business. The Tax Foundation says the state's tax structure is the third worst for business in the U.S. Forbes ranks California's business costs fifth highest among the 50 states and its regulatory environment the eighth most burdensome. Why then does the market, where buyers and sellers determine relative value, show otherwise?" Read more... LAW Noah Feldman: "University of Oklahoma President David Boren has expelled two members of the Sigma Alpha Epsilon fraternity on his campus for leading a horrifying racist chant. Does his decision violate their First Amendment rights?" Read more... 2016 ELECTIONS Jeanne Cummings: "This summer, right when the presidential primary fundraising season is in full bloom, the Securities and Exchange Commission is expected to make running for president harder for some candidates than for others. In fact, that's already the case." Read more... SCIENCE Justin Fox: "In technology there's Moore's Law, which says that semiconductors will keep getting cheaper and better. In drug development there's Eroom's Law (Moore spelled backward, get it?)." Read more... SPORTS Kavitha A. Davidson: "Darrelle Revis is returning to the New York Jets, signing a blockbuster deal that's as anomalous as it is historic." Read more... CULTURE Virginia Postrel: "In her new book 'Gods and Kings,' veteran fashion journalist Dana Thomas recounts the rise and fall of the two British designers at the center of what she calls this 'long, fabulous moment': John Galliano and Lee Alexander McQueen." Read the Q&A... RUSSIA Leonid Bershidsky: "In a recent post on Medium.com, John Borthwick and Gilad Lotan of Betaworks, the New York City-based venture capital firm, detailed two cases in which hackers -- apparently originating from Russia in both instances -- attempted to mess with the flow of news in the West." Read more...