Not Clear That U.S. Housing Bottomed, Barofsky Says

Aug. 2 (Bloomberg) -- Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the debate over the Federal Housing Finance Agency's decision not to allow principal forgiveness on mortgages backed by Fannie Mae and Freddie Mac, and the outlook for U.S. housing. Barofsky also talks about his book "Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street." He speaks with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)

Vitol CEO: Iran Is Back in the Market and We’re Buying
46:17 - The world’s largest independent oil trader said it’s "business as normal" with Iran as Vitol Group BV confirmed it has already bought oil from the country after the end of economic sanctions. “We’ve bought some, yes we have,” Vitol Chief Executive Officer Ian Taylor told Bloomberg’s Ryan Chilcote in an interview at the company’s London headquarters. “We’ve bought a bit of everything really. Bit of products, bit of condensate. It’s very much business as normal.”
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