Dimon’s Error Was Trusting Government on Bear: Mayo

Oct. 21 (Bloomberg) -- Mike Mayo, an analyst at CLSA Ltd., talks about JPMorgan Chase & Co.'s tentative agreement to pay a record $13 billion to end civil claims over claims that the bank, Bear Stearns Cos. and Washington Mutual Inc. misleadingly packaged and sold mortgage-backed securities. David Herro, chief investment officer of Harris Associates LP, also speaks. They speak with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Global Economy Needs Low Rates to Perform: Kronthal
04:10 - Jeffrey Kronthal, co-chief investment officer at KLS Diversifies Asset Management, discusses the global bond market selloff, his current investment plan, the future of electronic trading platforms and why low rates are essential to global economies. He speaks from the Skybridge SALT Conference in Las Vegas on “Market Markets.” (Source: Bloomberg)
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