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)
Valuation Cycle Reverses in China
08:04 - The Shanghai Composite continues its decline with stocks down more than 11% since July 23. Bloomberg Intelligence’s Tim Craighead discusses the Chinese stock market on “Trending Business.” (Source: Bloomberg)
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