Parsons Named Interim CEO of Clippers

May 9 (Bloomberg) -- Former Citigroup Chairman Richard Parsons was named interim CEO of the NBA’s Los Angeles Clippers, whose owner has been banned from the league for making racist comments. Matt Miller reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Chinese Government Support Tested as Stocks Extend Rout
30:32 - Chinese stocks fell in volatile trading, extending the biggest one-day loss since 2007, as concern grew unprecedented government intervention will fail to shore up equities.
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