Global IPO Market Hits 48% Downturn, U.S. Drops 84%

Oct. 1 (Bloomberg) -- Bloomberg's Dominic Chu reports that the global IPO market slumped 48 percent in the last three months while the United States collapsed by 84 percent during the quarter. He speaks on Bloomberg Television's "Money Moves."

Are China's Banks Heading for Disaster?
15:08 - There is a warning today that China is headed for an unprecedented financial meltdown. That is the dire forecast from the hedge fund manager who correctly called the sub-prime crisis in the U.S. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)
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