El-Erian: Fiscal Cliff Like Asking for a Car Crash

Nov. 7 (Bloomberg) -- Mohamed El-Erian, CEO and co-chief investment officer at Pimco, discusses the likelihood of the United States failing to come to a resolution on the fiscal cliff. He speaks on Bloomberg Television's "In The Loop."
U.S. Jobless Claims Rose 7,000 Last Week to 320,000
43:58 - March 5 -- The number of Americans filing for unemployment benefits rose 7,000 last week to 320,000, a Labor Department report showed today in Washington. Separately, productivity in the fourth quarter fell 2.3 percent. Scarlet Fu reports on Bloomberg Television's "In the Loop."
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