MatlinPatterson's Lipsky on Distressed Investing

June 21 (Bloomberg) -- Michael Lipsky, portfolio manager at MatlinPatterson Global Advisers LLC, talks about distressed investing in companies with underfunded pension obligations, and the outlook for commodities and currencies. Lipsky, speaking with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers," also discusses investing in "bad" acquisitions. (Source: Bloomberg)

UBS' CEO Sees a Bit of Momentum in 1Q
34:50 - Sergio Ermotti, chief executive officer at UBS, discusses the company's first-quarter results, cross-border outflows and his outlook for the investment bank. He speaks to Bloomberg's Manus Cranny in Zurich following the bank's earnings release. (Source: Bloomberg)
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