Companies Holding Too Much Cash: Goldman's Cohen
April 2 (Bloomberg) -- Abby Joseph Cohen, investment strategist at Goldman Sachs Group Inc., and Peter Orszag, vice chairman of corporate and investment banking at Citigroup Inc. and former director of the Office of Management and Budget, talk about the U.S. economy, entitlement overhaul and infrastructure spending. They speak with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance." (Orszag is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)
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Will BOJ Stimulus Work for Japan's Economy?
54:40 - Japanese Prime Minister Shinzo Abe announced plans for more than 28 trillion yen ($265 billion) in economic stimulus in an effort to prop up the economy, Kyodo News reported. Abe, speaking in the southern city of Fukuoka on Wednesday, said the measures would be compiled next week, Kyodo said. It must then be presented to the parliament, where approval is a formality because the ruling coalition has a majority in both houses. Tatton Investment Management CIO Lothar Mentel discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."