Treasury to Offer $4.5B of AIG Common Shares
Aug. 3 (Bloomberg) -- The U.S. Treasury Department has begun an offering of $4.5 billion in stock of bailed-out insurer American International Group. Matt Miller reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
29:57 - 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)