Glencore's Glasenberg Makes $33B Bet on Coal

Oct. 4 (Bloomberg) --In a "Bloomberg Billionaires" report, Bloomberg's Deirdre Bolton reports that Glencore CEO Ivan Glasenberg is betting big on a rebound in coal prices form a 31-month low with his $33 billion bid for Xstrata. She speaks on Bloomberg Television's "In The Loop."
Equity Valuations Lofty, Earnings Lousy: Morganlander
35:26 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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