Bini Smaghi Says Grillo Vote an Irrational Reaction
March 8 (Bloomberg) -- Former European Central Bank Executive Board Member Lorenzo Bini Smaghi talks about the response of the Italian electorate to the austerity program, support for Beppe Grillo's Five Star Movement and ECB policy. He speaks with Bloomberg Television's Francine Lacqua from the sidelines of the Ambrosetti workshop in Cernobbio, Italy. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
05:48 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)