Norquist: Obama Hasn't Offered Spending Restraints

Dec. 3 (Bloomberg) -- Grover Norquist, president of Americans for Tax Reform, talks about the outlook for negotiations over the so-called U.S. fiscal cliff. Norquist speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

Madoff Fund Pays Administrator But Not Victims
16:00 - A firm hired by the U.S. to distribute $4 billion to victims of Bernard Madoff’s Ponzi scheme has racked up $38.8 million in billings over four years. The investors are still waiting for their first checks, though. Bloomberg's Erik Larson has more on "Bloomberg Markets." (Source: Bloomberg)
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