BlueCrest Capital and the End of Arbitrage

Tom Wagner, co-founder at Knighthead Capital, Steve Rattner, chairman at Willett Advisors, and Bloomberg Gadfly's Lisa Abramowicz discuss BlueCrest Capital Management's decision to return all outside client money and become a private partnership. They speak on "Bloomberg ‹GO›." (Abramowicz is a Bloomberg Gadfly columnist. The opinions expressed are her own.) (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/15)
46:37 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Ed Morse, global head of commodities research at Citigroup, NYU Stern School of Business Professor Scott Galloway, and Markus Rodlauer, deputy director of the Asia-Pacific department at the IMF. (Source: Bloomberg)
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