Morgenstern on California's Pension Benefits

Dec. 17 (Bloomberg) –- Marty Morgenstern, secretary of the California Labor & Workforce Development Agency, talks with Bloomberg’s Alison Vekshin about the pay and retirement packages of California Highway Patrol officers. According to data compiled by Bloomberg, California has the highest-paid state troopers in the U.S. More than 5,000 troopers made over $100,000 in 2011. (Source: Bloomberg)

How Big of a Problem Are China's Non-Performing Loans?
19:01 - Jonathan Cornish, head of north Asia bank ratings at Fitch Ratings, discusses China's latest debt for equity swap, China's non-performing loans and the outlook for the credit market. He speaks to Bloomberg's Haidi Lun on "Bloomberg Markets." (Source: Bloomberg)
  • Emerging Markets: Does the Rally Have Further to Run?
  • Hog Wild: China Looks to Hedge the Cost of Pork
  • Bank of China Reports Slower Increase of Bad Loans