Treasury’s Massad Says AIG Much Smaller, Less Risky
Dec. 11 (Bloomberg) -- Timothy Massad, the U.S. Treasury Department's assistant secretary for financial stability, talks about the final offering of American International Group Inc. shares following the 2008 rescue of the company by the government. He speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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Greece Debt Relief to Pivot Around Germany's 2017 Ballot
30:43 - Greece’s creditors reached a preliminary accord to ease the country’s debt burden but left the important details to be hammered out after Germany’s federal election next year. At a meeting of euro-area finance ministers in Brussels that ended early Wednesday, and paved the way for a 10.3 billion-euro ($11.5 billion) aid payout, the International Monetary Fund retreated from its hard-line stance for concrete and generous measures on Greece’s debt, allowing creditors to announce a “breakthrough” despite giving no figures or real commitments. Devere Group Investment Strategist Tom Elliott discusses with Bloomberg's Francine Lacqua on "The Pulse."