Greenspan, Rivlin, El-Erian on U.S. Fiscal Cliff

Nov. 7 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan, Alice Rivlin, a senior fellow at the Brookings Institution, Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., and Peter Orszag, former director of the Office of Management and Budget, talk about outlook for action to avert a so-called U.S. fiscal cliff following the election of President Barack Obama to a second term. This report also includes comments from former White House spokesman William Burton, Potomac Research Group's Greg Valliere and Jefferies & Co.'s David Zervos. (Source: Bloomberg)
Bank Profitability Declining in Europe: Morilla-Giner
55:11 - Banks' profitability is declining in Europe as Tier 1 capital is built up and they become safer institutions, according to Pau Morilla-Giner, chief investment officer of London & Capital Group Ltd. He spoke in an interview with Jonathan Ferro on Bloomberg Television's "On the Move." Bloomberg's Julia Verlaine also took part in the discussion. (Source: Bloomberg)
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