House Debt Bill `Recipe for Default,' Sperling Says

May 9 (Bloomberg) -- Gene Sperling, director of the National Economic Council, talks about a measure passed today by the House that would exempt federal payments to creditors from the U.S. debt limit, the Obama administration's economic polices and corporate taxes. He speaks with Trish Regan and Adam Johnson on Bloomberg Television's "Street Smart." RDQ Economics' John Ryding also speaks. (Source: Bloomberg)
Former CEO of PT Berau Refuses to Leave His Office
04:29 - There are new twists in the tale of Indonesian coal miner Berau with a former director refusing to leave his position or his office. At the same time, shares of its parent company, Asia Resource Minerals, have been suspended in London. Bloomberg’s Haslinda Amin reports on “Trending Business.” (Source: Bloomberg)
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