Levitt on SEC's Canceled Vote on Money Fund Rules

Aug. 23 (Bloomberg) -- Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, talks about SEC Chairman Mary Schapiro's abandoned quest to impose tougher rules on money-market mutual funds after three of the four other commissioners didn't support her effort. Levitt, a Bloomberg LP board member, speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Facebook Plans High-Altitude Laser Transmitting Drones
58:26 - Facebook’s plan for connecting rural areas to the Internet involves using balloons to lift drones to an altitude of 90,000 feet (27,400 meters), where they will fly for up to three months and transmit information using lasers. Bloomberg's Pimm Fox reports on "Bloomberg Markets." (Source: Bloomberg)
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