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"Our commitment to grant long term 100% equal access to Call of Duty to Sony, Steam, NVIDIA and others preserves the deal's benefits to gamers and developers and increases competition in the market," a Microsoft spokesperson said.

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"We want a North America that is globally competitive, so that our two economies which are already so integrated, where so many businesses and jobs and supply chains rely on each other, can compete with the world and can be successful

Policymakers ought to be honest about those mistakes and be clear about the steps they will take to avoid a repeat. This bailout is necessary because the government was not paying enough attention. But the success of both the financial industry and Silicon Valley has always depended on government aid and prudent regulation.

Regulators have a responsibility to ensure that banks do not abuse those privileges. Banks are different from most private-sector companies. They are insulated from market discipline by various forms of federal protection because, like the power companies that keep the lights on, they provide a public service that is essential to a modern economy. Policymakers - in Congress, the Treasury Department and the Federal Reserve - have a duty to explain to the American public how things were allowed to spin so far out of control.