Spanish Government Approves Bad Bank

The so-called bad bank Spain’s government will set up to take soured real estate from the lenders it has bailed out will seek private investors and try to sell the assets over 10 to 15 years.
China Sends a Message With World War II Parade
38:08 - China is leaving nothing to chance ahead of Thursday's commemoration of the end of World War II. Unprecedented steps have been taken to ensure the stock market rout and the Tianjin disaster do not overshadow President Xi's day. Bloomberg's David Tweed reports on "First Up." (Source: Bloomberg)
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