Lew Background May Aid Obama on Spending, Snow Says

Jan. 11 (Bloomberg) -- John Snow, chairman of Cerberus Capital Management LP, talks about the death of economist James M. Buchanan and President Barack Obama's nomination of Jack Lew for U.S. Treasury secretary. Snow, a former Treasury secretary, speaks with Tom Keene on Bloomberg Television's "Money Moves." Deirdre Bolton also speaks. (Source: Bloomberg)