Rothschild Quits Bumi to Fight Bakries' $1.2B Offer
Nathaniel Rothschild, scion of a centuries-old banking dynasty, intensified a feud with Indonesia’s Bakrie family by quitting the board of their joint coal business, vowing to fight “from outside the tent.”
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Can Harvard Recapture Its Investment Magic?
52:34 - After years of missteps, controversy and even crisis, Harvard Management Corp., which oversees the university’s $37.6 billion endowment, began assembling a new corps of equity traders and analysts in 2014, in hopes of recapturing a part of the investment magic that had once made the fund the envy of the world. Only now, just two years later, that plan has collapsed. Bloomberg's Michael McDonald has more on "Bloomberg Markets." (Source: Bloomberg)