J.C. Penney Needs `Strategic Overhaul,' Kramer Says

April 8 (Bloomberg) -- Hilary Kramer, chief investment officer of A&G Capital Group, talks about the ouster of J.C. Penney & Co. Chief Executive Officer Ron Johnson and the reinstatement of his predecessor Myron Ullman III. Kramer speaks with Pimm Fox on Bloomberg Television's "Taking Stock." Sheila Dharmarajan and Cory Johnson also speak. (Source: Bloomberg)
Former Trader Tom Hayes Gets 14 Years for Rigging Libor
48:14 - The first person to stand trial for manipulating Libor has been sentenced to 14 years in prison. The former UBS and Citigroup trader, Tom Hayes, was found guilty of conspiracy to rig the benchmark rate by a unanimous jury. Bloomberg’s Suzi Ring reports on “Countdown.” (Source: Bloomberg)
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