Why Cyprus Might Need Another Bailout

Apr. 1 (Bloomberg Law) -- The sovereign debt crisis in Cyprus marks the fifth European nation to need a bailout in recent memory, but this crisis is unique because European Union regulators are taking the unprecedented step of taxing bank deposits to finance part of the bailout for the nation's banks. Lee Buchheit, sovereign debt guru and architect of Greece's bailouts, tells Bloomberg Law's Lee Pacchia that despite the drastic measures taken, the endgame for Cyprus might be another round of restructuring. "I'm not sure this is over," says the Cleary Gottlieb veteran.
Kleiner Decision on Pao Not Gender Based
45:34 - Brad Stone and Janine Yancey discuss the verdict of the Kleiner-Pao case. They speak with Pimm Fox on "Taking Stock." (Source: Bloomberg)
  • Kleiner Not Guilty of Retaliation
  • Yellen Sees Gradual Rate Increases Starting This Year
  • Kleiner Decision Not Gender Based