Baby Grand: The Monied Making of a $150K Steinway

Dec. 11 (Bloomberg) -- Steinway Musical Instruments will be acquired by Paulson & Co. in a deal valuing the 160-year-old piano maker at about $512 million. Bloomberg's Scarlet Fu goes behind the scenes to find out what gives these iconic instruments their value.

Is Low Inflation Permanence the Story of 2016?
55:30 - Deutsche Bank Director of FX Strategy Sebastien Galy weighs in on inflation. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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