OGX Bankruptcy Caps Demise of Batista Fortune

Oct. 31 (Bloomberg) -- OGX Petroleo & Gas Participacoes SA, the oil company that transformed Eike Batista into Brazil’s richest man, filed for bankruptcy protection yesterday, culminating a 16-month decline that wiped out more than $30 billion of the Batista's personal fortune. Alexander Cuadros reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Andy Xie: China's Problem 'Misallocation of Resources'
30:37 - Andy Xie, an independent economist, talks about China's economic policies. He speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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