Brown: Encouraging Signs in Goldman Sachs' Results

July 17 (Bloomberg) -- Thomas Brown, chief executive officer of Second Curve Capital LLC in New York and a Bloomberg contributing editor talks via telephone with Bloomberg's Betty Liu about Goldman Sachs second-quarter results. He speaks on Bloomberg Television's "In The Loop."
Statoil and BP Release Reports amid Oil Declines
36:42 - Oil extended declines in a bear market amid signs producers from the Middle East to the U.S. will continue adding supplies to a global glut. Oil exports from southern Iraq rose to a record this month, while a Bloomberg survey forecasts U.S. crude stockpiles expanded for a second week through July 24. Brent in London closed Monday more than 20 percent lower than its peak reached in May, meeting the common definition of a bear market.
  • Can Oil Producers Use Price to Reduce Supply?
  • How Will BP Rebound From 64% Profit Decline?
  • Stabilizing Markets: Is China Doing the Right Thing?