European Banking System, Bailout Outlook

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Sep. 12 (Bloomberg) -- Michael Purves, chief market strategist and head of derivatives research at BGC Financial LP, talks about the outlook for the European debt crisis and banking industry. Purves, speaking with Deirdre Bolton and Erik Schatzker on Bloomberg Television's "InsideTrack," also discusses the performance of the S&P 500 Index. (Source: Bloomberg)

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