TXU May File for Bankruptcy, Richards Says

Aug. 19 (Bloomberg) -- Bruce Richards, co-founder and chief executive officer of Marathon Asset Management, talks about regulation of the financial industry, the U.S. Treasury's Public-Private Investment Program and the possibility that Energy Future Holdings Corp. will file for bankruptcy. He speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
37:42 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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