Weekly Brief: Financial Prosecutions: A Banner Week

Dec. 13 (Bloomberg) -- It's been a good week for financial prosecutions, with HSBC agreeing to pay a record $1.9 billion to settle U.S. money laundering claims, and the first three arrests in the UK's Libor rigging probe. Also, Supreme Court Justice Sonia Sotomayor reveals how diabetes has affected her life. Finally, BigLaw managing partners are eager for a turnaround, but they have doubts the US economic recovery will gain steam in 2013. (Source: Bloomberg)

Why French Politics May Fuel Volatility
12:53 - Kapstream Capital Managing Director Kumar Palghat discusses the impact of French politics on the bond markets and his outlook for the markets and Fed policy. He speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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