Facebook's Freefall From Grace

Aug. 2 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that Facebook's fast fall continues as Fidelity funds begins selling their shares in the social media website. Also, the State of California is stating that their budgets are off because of collecting lower capital gains taxes than estimated because of Facebook's drop in share price. She speaks on Bloomberg Television's "In The Loop."
Hedge Fund Report: Puerto Rico Can Pay Its Debts
41:50 - A report released by a group of hedge funds that own $5.2 billion of Puerto Rico bonds said the island’s central government can pay what it owes, showing the resistance the commonwealth faces as it seeks to restructure its $72 billion of debt. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)
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