El-Erian: Financial System Playing Russian Roulette

Oct. 8 (Bloomberg) -- Mohamed El-Erian, CEO at Pimco, discusses the impact of the U.S. government shutdown on the global financial system and how changes the tone of this week’s IMF/World Bank meetings in Washington, D.C. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Kroszner, Blinder, Blankfein on Fed Policy in Two Minutes
39:06 - Former Federal Reserve Governor Randall Kroszner, who teaches economics at the University of Chicago, former Fed Vice Chairman Alan Blinder, a professor at Princeton University, and Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., offer their views on today's Fed decision to leave interest rates unchanged and the outlook for policy. This report also contains comments from Goldman Sachs's Jan Hatzius, Prudential Financial Inc.'s Greg Peters and KPMG LLC's Constance Hunter. Watch the key moments from their interviews in two minutes. (Excerpts. Source: Bloomberg)
  • What Is Jack Dorsey's Future at Twitter?
  • Liquidity-Hooked Bond Buyers Take Action to Protect Funds
  • The Strange Final Hour of Trading in China Stocks