Crisis to Chaos: History's Biggest Defaults
Oct. 15 (Bloomberg) –- As the United States government remains in stalemate over it's debt limit, Bloomberg takes a look at some of the world's biggest defaults, which have been getting bigger and bigger in recent years. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
45:14 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)