White House Rejects GOP's $2.2T Fiscal Cliff Plan

Dec. 4 (Bloomberg) -- Bloomberg's Peter Cook breaks down the Republicans' proposal for solving the fiscal cliff and where talks go from here. He speaks on Bloomberg Television's "In The Loop."

Kyle Bass Warns of Huge Losses for Chinese Banks
49:41 - Albert Rabil, chief executive officer and managing partner at Kayne Anderson, discusses a warning by hedge fund manager Kyle Bass that China's banking system is at risk of losses that could top U.S. banks during the subprime crisis. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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