Christie Seeks Rewrite of Public Worker Rules

May 10 (Bloomberg) -- Hetty Rosenstein, New Jersey director of Communications Workers of America, talks with Bloomberg's Elise Young during a union-organized protest in Trenton on May 1 about Governor Chris Christie's aim to revamp century-old employment rules for civil-service workers. New Jersey's unions see the proposal as part of a renewed Republican drive against government workers' pay and benefits that peaked in 2011, when Wisconsin Governor Scott Walker signed legislation curtailing collective-bargaining rights. (Source: Bloomberg)
The Need for a Bad Bank in Greece
44:53 - Royal Bank of Scotland Head of Macro Credit Research Alberto Gallo discusses the impact of capital controls on Greek banks and the state of banking overall in the country. He speaks with Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
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