David Malpass on Fed Asset Buying, Growth Outlook

Dec. 12 (Bloomberg) -- David Malpass, president and founder of Encima Global, talks about the Federal Reserve's expanded asset-purchase program and the possible impact on economic growth. Malpass speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Brown: Mandatory Water Curbs for California Drought
08:06 - California Governor Jerry Brown, a Democrat, speaks about the state's drought now entering its fourth year and first-ever mandatory water restrictions put in place today. Brown issued an executive order seeking a mandatory 25 percent reduction in use and a requirement that new homes feature water-efficient irrigation if the builder plans to use potable water for landscaping. He also called for 50 million square feet of lawns to be replaced with drought-tolerant landscaping and required campuses, golf courses and cemeteries to cut back on water. (Source: Bloomberg)
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