Citi, Other Banks `Too Big to Manage,' Johnson Says

Oct. 16 (Bloomberg) -- Simon Johnson, professor of finance at Massachusetts Institute of Technology, talks about the departure of Citigroup Inc. Chief Executive Officer Vikram Pandit and the outlook for his successor, Michael Corbat. Johnson speaks with Erik Schatzker, Stephanie Ruhle and Michael Moore on Bloomberg Television's "Market Makers." (Johnson is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)

Ravitch: Puerto Rico Should Be Allowed to Restructure
03:14 - Puerto Rico’s Senate plans to vote this week on a bill to restructure the island’s main electricity provider and reduce its $9 billion debt load before a deadline that risks scuttling an agreement with creditors expires. Former New York Lieutenant Governor Richard Ravitch weighs on "Bloomberg Markets." (Source: Bloomberg)
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