Finance

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In bank stress tests, what’s worse: runs or lemons (the other kind)? Lemons via www.shutterstock.com

Runs versus lemons: why US bank stress tests succeeded while Europe’s failed

US regulators chose to reveal detailed information to the public about the state of the banks. They were able to be so transparent, without triggering a run, because of a strong fiscal backstop.
The Export-Import Bank provides financing and other services to help foreign companies buy US products like Boeing’s 787 Dreamliner. Boeing 787 via www.shutterstock.com

Why Congress should keep the imperiled Export-Import Bank

The more than 80-year-old credit agency is set to expire at the end of the month if Congress does not act to keep the profitable bank alive.

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