Miller: Detroit Recovery to Be `Political Struggle'
June 14 (Bloomberg) -- Steve Miller, chairman of American International Group Inc., talks about Detroit’s $386 million deficit and outlook for the city. Kevyn Orr, Detroit’s emergency manager, is holding a closed-door creditor meeting today intended to cap the creation of a recovery plan for the city. Miller speaks with Erik Schatzker and Scarlet Fu on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)
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Carl Icahn Takes Large Position in Allergan
11:47 - Billionaire investor Carl Icahn said he has taken a “large position” in Allergan Plc, backing Chief Executive Officer Brent Saunders in what the drugmaker said it doesn’t believe will be an activist role. Bloomberg's Drew Armstrong reports on "Bloomberg Markets." (Source: Bloomberg)