John Boehner Abandons `Plan B'

Dec. 21 (Bloomberg) -- House Speaker John Boehner scrapped a plan to allow higher tax rates on annual income above $1 million, yielding to anti-tax resistance within his own party and throwing already-stalled budget talks deeper into turmoil. Hans Nichols reports on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)
The Best of Yanis Varoufakis
15:02 - Yanis Varoufakis, Greece's iconoclastic finance minister, has resigned his post following his country's historic 'NO' vote. He describes himself on twitter as having been "thrust onto the public scene by Europe's inane handling of an inevitable crisis." Always one for a great line, here are some of his best bits.
  • Does a ‘No’ Vote Complicate Future Negotiations?
  • Greece Has Two-Week Deadline on ECB Payment: Vamvakidis
  • Greek Banking System Is the Real Pressure Cooker: Diebel