Pimco's El-Erian on S&P's U.S. Rating Downgrade

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Aug. 8 (Bloomberg) -- Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about Standard & Poor's downgrade of its U.S. credit rating and the outlook for financial markets. He speaks with Betty Liu and Erik Schatzker on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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