Can't Fathom Glencore Xstrata's Value: King

May 3 (Bloomberg) -- Max King, portfolio manager at Investec Asset Management, talks with Francine Lacqua about Glencore Xstrata's first day of trading for the combined company, the state of European banks and his investment strategy. He speaks on Bloomberg Television's "On The Move."

Madoff Fund Pays Administrator But Not Victims
57:41 - 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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