Milan vs. the Banks

Deutsche Bank, Depfa Bank, UBS and JPMorgan have been on trial since May 2010, accused of defrauding the city of Milan over swaps sales. The banks, which have denied the charges, may find out the court verdict today.
Australia's Debt-to-GDP Ratio Going Higher, Toohey Says
07:47 - Tim Toohey, head of economics, commodities and strategy research at Goldman Sachs Australia and New Zealand, talks about what to expect from Australia's annual government budget due next week. He also discusses the latest jobs report and prospects for the nation's credit rating. Toohey speaks from Sydney with Shery Ahn on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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