U.S. Rep. Frank on Financial Regulation, Economy

Aug. 2 (Bloomberg) -- U.S. Representative Barney Frank, a Massachusetts Democrat, talks about the outlook for regulation in light of recent financial market scandals. Frank, speaking with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers," also discusses the Federal Housing Finance Agency’s decision not to allow principal forgiveness on mortgages backed by Fannie Mae and Freddie Mac. (Source: Bloomberg)

Statoil Surprised by Loss as Oil Prices Hit Profits
55:29 - Statoil ASA suffered an unexpected loss in the second quarter in part due to lower oil prices that are impacting profits across the industry. Bloomberg's James Herron reports on "Bloomberg Surveillance." (Source: Bloomberg)
  • Yu: Safety First for Fed in This Global Environment
  • Dichtl: Deutsche Bank May Need Painful Capital Increase
  • Yu: China Can't Afford Any More Policy Mistakes