Steyer on California Budget, Taxes

Jan. 16 (Bloomberg) -- Thomas Steyer, retired founder of Farallon Capital Management LLC, talks about his role in backing a California voter initiative that is credited in part for creating a projected budget surplus and prospects for a similar plan being implemented on a national level. Last week Governor Jerry Brown declared an end to California’s chronic fiscal crisis, projecting the first surplus in a decade thanks to spending cuts and $6 billion in new taxes approved by voters in the most populous U.S. state. Steyer speaks with Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)
China Marks WWII Defeat and Barclays Hacks Its Systems
54:48 - Bloomberg News Editor Pete Norman and Morgan Stanley Global Head of FX Strategy Hans Redeker review two stories from Bloomberg.com: ‘China Military Parade Sets Spin Machine Into Overdrive’ and ‘Barclays Hacks Its Own Systems to Find Holes Before Criminals Do’ with Guy Johnson and Anna Edwards on "Countdown."
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