James Lockhart on Mortgage Market, Fiscal Cliff

Dec. 27 (Bloomberg) -- James Lockhart, vice chairman of WL Ross & Co., talks about the outlook for the residential real estate mortgage market and the so-called fiscal cliff of automatic tax increases and spending cuts. Lockhart speaks with Sara Eisen, Mike McKee and Alix Steel on Bloomberg Television's "Surveillance." (Source: Bloomberg)

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
26:47 - 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)
  • How LeEco Plans to Compete With U.S. Tech Giants
  • 'Trend Toward Protectionism': Ex Ambassador To EU
  • Unity CEO: VR Is in the Early Stages, It'll Be Gigantic