Snyder, Rosenberg, Gottlieb on Detroit Bankruptcy
July 19 (Bloomberg) -- Michigan Governor Rick Snyder, Detroit Emergency Manager Kevyn Orr, Bloomberg political analyst Matthew Dodd, Richard "Dick" Larkin, a director of credit analysis at Herbert J. Sims & Co., Steven Murphy, head of public finance at Standard & Poor's, Laurence Gottlieb, chairman and chief executive officer of Fundamental Advisors LP, and Jeffrey Rosenberg, chief investment strategist for fixed income at BlackRock Inc., talk about Detroit's decision to file for bankruptcy and the city's outlook. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
44:17 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)