Stermer Says Illinois Can't Tread Water on Pensions

Aug. 17 (Bloomberg) -- Illinois Budget Director Jerry Stermer talks about the state's unfunded pension liability. Illinois has set aside only 45 percent of what it needs to meet public-worker pension obligations, the worst of any U.S. state. Standard & Poor’s may cut its bond rating if lawmakers don’t come up with a fix today. Stermer talks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Was the DNC Hack Preventable?
52:28 - Eric O'Neill, Carbon Black's national security strategist, discusses how to respond to government hacks with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)
  • Will Berlin Become Europe's Top Tech Hub?
  • Full Show: Best of Bloomberg Markets Middle East (07/29)
  • Talend CEO: Why We Decided to Go Public Now