El-Erian on Europe, the U.S. Economy & Debt

Mohamed El-Erian, chief executive officer of Pacific Investment Management Company, discusses the European debt crisis, the United States economy and debt overhang.
Investors Withdrew $2.7 Billion From Pimco in May
01:07 - Bloomberg’s Julie Hyman reports on breaking news on Pimco client redemptions. She speaks on “Bloomberg Markets.” (Source: Bloomberg)
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