We've Developed a Greedy Capital Culture: Ferguson

June 19 (Bloomberg) -- Niall Ferguson, professor of history at Harvard University and a senior research fellow at Oxford University discusses his new book called "The Great Degeneration: How Institutions Decay and Economies Die". He covers the decline of the West, the economic and political stagnation, and how rich countries can become poorer by allowing institutions to go to wreck and ruin. TONIGHT on Charlie Rose @ 8p & 10p ET.

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Wang Jianlin Recaptures Title of China’s Richest Person
00:23 - Jan. 30 -- Jack Ma’s fortune dropped $1.4 billion, the most among the world’s 400 richest people, as Alibaba shares posted a record slump after the company missed revenue estimates. The decline allowed property tycoon Wang Jianlin to recapture the title of China’s richest person, according to the Bloomberg Billionaires Index. Bloomberg's Sterling Wong has more on "On The Move Asia."
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