Magic Johnson Backed Fund Hits Headwinds

March 22 (Bloomberg) -- Yucaipa is cutting fees for investors and founder Ron Burkle will forego his annual management fee until the fund’s investors recoup money that they lost according to the New York Times' Dealbook, citing unidentified people familiar with matter. Betty Liu reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Full Show: Surveillance (02/27)
31:01 - Bloomberg Surveillance hosted by Tom Keene, Francine Lacqua, and Mark Barton. Guests include Francesco Papadia, non-resident fellow at Bruegel, Holger Schmieding, chief economist at Berenberg, Marc Allera, chief executive officer at EE, Rupert Harrison, chief macro strategist at BlackRock International, Jonathan Golub, chief U.S. market strategist at RBC Capital Markets, and Thomas Wright, fellow at the Brookings Institution. (Source: Bloomberg)
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