Geithner Urges Congress to Act Fast on Debt Limit

Jan. 14 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner said so-called extraordinary measures the Obama administration is taking to avoid breaching the federal debt ceiling would work only until mid-February to early March and warned that a failure by Congress to raise the limit could “impose severe economic hardship” on the country. Peter Cook reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Former Hong Kong Leader Jailed for 20 Months
29:45 - In a stunning fall from grace, a former chief executive of Hong Kong has been sentenced to 20 months in jail for corrupt conduct. Bloomberg's David Tweed reports on "Bloomberg Markets." (Source: Bloomberg)
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