El-Erian: Ton of Cash on Sidelines Should Be Spent

Oct. 30 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at Pimco, explains why the United States is coming to and important turning point in the economy and how corporate cash can help lead the way. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Greece's Future in the Euro Hangs in the Balance
35:33 - The battle lines over Greece’s future hardened as the country prepares to leave the protection of Europe’s bailout regime and its citizens grapple with a new reality of capital controls.
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