London Bankers Face Leaner Bonuses Than New York

Bankers in London, the hub for securities firms in Europe, are bracing for lower bonuses compared with New York counterparts as earnings from the region plummet and pressure to tighten compensation mounts.

Petraeus Recounts 'Chilling Experience' of Losing Troops
18:37 - Retired General David Petraeus describes the first time he learned that soldiers under his command had been killed in action. He spoke to David Rubenstein for the latest episode of Bloomberg Television's "The David Rubenstein Show: Peer-to-Peer Conversations." (Source: Bloomberg)
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