Herbalife's Walsh Defends Firm's Business Model

Jan. 10 (Bloomberg) -- Desmond Walsh, president of Herbalife Ltd., talks about market reaction to the company's special meeting aimed at rebutting hedge fund manager Bill Ackman's claims that Herbalife is a pyramid scheme and "misunderstandings" about the company's business and distribution models. Walsh speaks with Stephanie Ruhle on Bloomberg Television's "Street Smart." (Source: Bloomberg)
What Do RBS Job Cuts Mean for Investment Banking?
26:00 - March 4 -- RBS may cut as many as 14,000 investment-banking jobs, or more than two thirds of the workforce, as part of a plan to focus on the U.K. consumer market, a person with knowledge of the matter said. Cenkos Securities Bank Analyst Sandy Chen speaks on “The Pulse.”
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