Draghi Says Members Must Be Ready to Activate EFSF

Aug. 2 (Bloomberg) -- European Central Bank President Mario Draghi speaks at a news conference in Frankfurt after the decision to keep the benchmark rate at a record low of 0.75 percent and his call for governments to stand ready to activate the European Financial Stability Facility. (This is his opening statement only. Source: European Central Bank)

Renaissance Technologies Mints Another Billionaire
30:58 - The Medallion Fund's success has vaulted quantitative investing to the forefront of the industry. Even stock-picking hedge funds have changed their recruiting practices, hiring Ph.D.s instead of MBAs. Bloomberg's Pamela Roux has more on "Bloomberg Markets." (Source: Bloomberg)
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