Panasonic Projects $9.6B Loss, Surprise Sony Loss

Nov. 1 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Panasonic announced a projected $9.6 billion loss, Sony announces a seventh straight quarterly loss and Morgan Stanley and AIG are among Wall Street banks facing flooding problems. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Is This the End of the Great Distortion?
52:44 - Principal Global Investors Chief Executive Officer James McCaughan discusses the new rate of return and if we have come to the end of the great distortion in markets created from extraordinary monetary policy. He speaks with Vonnie Quinn, Brendan Greeley and Tom Keene on Bloomberg Television's “Bloomberg Surveillance.” (Source: Bloomberg)
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