U.S. `Fiscal Cliff' to Affect Rating, Hayes Says
Sept. 11 (Bloomberg) -- Peter Hayes, head of municipal bonds at BlackRock Inc., talks about the potential impact of the U.S. fiscal situation on the nation's credit rating and bond market. Hayes, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the teachers' strike in Chicago. (Source: Bloomberg)
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Profits Plunge at Glencore, Can It Turnaround?
42:52 - Glencore Plc sharpened its plan to cut debt after reporting its worst half-yearly profit since listing in London five years ago. Livermore Partners Founder and Managing Director David Neuhauser weighs in on "Bloomberg Markets." Peter Grauer, the chairman of Bloomberg LP, the parent of Bloomberg News, is a senior independent non-executive director at Glencore. (Source: Bloomberg)