Feb. 21 (Bloomberg) -- Jane Hudson Ridley, senior director at Standard & Poor's, talks about Detroit's latest plan to reduce its $18 billion debt load and exit bankruptcy.
The city's debt-adjustment plan guarantees police and firefighters at least 90 percent of their pensions, while giving bondholders only about 20 percent of what they are owed. Ridley speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
HSBC Paying More Attention to Profitability: Ferguson
49:30 - HSBC Holdings Plc's move to sell its Brazilian unit shows the bank is now "paying much more attention, rather than to size, to profitability," according to James Ferguson, founding partner of MacroStrategy Partnership. He spoke in an interview with Anna Edwards on Bloomberg Television's "Countdown." (Source: Bloomberg)
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