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Citigroup's CEO Corbat: Morale is Good; Environment to Remain Challenging
Thursday, January 24, 2013 - 3:32pm | 1491Read More...Citigroup (NYSE: C) CEO Michael Corbat discussed compensation, growth and underperforming assets with Bloomberg TV's Erik Schatzker at the World Economic Forum in Davos. Corbat said that he expects the environment for investment banking will remain "challenging" and weigh on compensation. Corbat...
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David Tepper on Bloomberg Television: Did the Appaloosa Founder Just Trigger Another "Tepper Rally" in Stocks?
Wednesday, January 23, 2013 - 1:01pm | 1800Read More...David Tepper, founder of Appaloosa Management, told Bloomberg Television's Stephanie Ruhle on "Market Makers" today that he's "going to come out of the closet right now…we are bullish… This country is on the version of just an explosion of greatness. Do you like that? Explosion of greatness." On...
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Dallas Fed's Fisher: We Don't Want Inflation to Raise Its Ugly Head
Friday, January 18, 2013 - 3:33pm | 1180Read More...Dallas Federal Reserve president Richard Fisher told Bloomberg Television's Michael McKee today that the one thing everyone at the Fed agrees on is that "we don't want inflation to raise its ugly head." Fisher said that "as perhaps the most hawkish member of the Fed when it comes to inflation," he...
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James Gorman: Morgan Stanley is Very Comfortable WIth Current Headcount
Friday, January 18, 2013 - 3:25pm | 1191Read More...Morgan Stanley CEO James Gorman sat down with Bloomberg Television's Erik Schatzker at the bank's headquarters in New York and said that he's "very comfortable with the headcount we have right now. These have been tough decisions." Gorman also said that "fixed income can be a terrific business"...
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Highlights of Bloomberg Television's "Fiscal Cliff Summit" Special
Thursday, November 29, 2012 - 10:58am | 958Read More...Bloomberg Television's Trish Regan sat down with four of the nation's brightest business minds to discuss their solutions for avoiding the fiscal cliff on Wednesday. The panelists were former Treasury Secretary Larry Summers, Kynikos Associates President and Founder Jim Chanos, Cantor Fitzgerald...
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Bloomberg Television to Air Fiscal Cliff Summit at 4 EST
Wednesday, November 28, 2012 - 3:25pm | 95Read More...Bloomberg Television is airing a special on the upcoming fiscal cliff on Wednesday. Today at 4 p.m. EST, Bloomberg Television's Trish Regan will sit down with four preeminent voices for their perspectives on how the economic, defense, and financial industries are preparing for the potential steep...
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Muddy Water's Carson Block: Forget Shorting China, Government Protects Frauds
Tuesday, November 27, 2012 - 4:42pm | 1199Read More...Carson Block, founder of Muddy Waters Research, spoke with Bloomberg Television's Stephanie Ruhle and Tom Keene on "Market Makers" today about his report on Olam International and said that he's lost interest in betting against Chinese stocks. Block, who compared Olam to Enron, said, "China has...
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Nouriel Roubini: Too Big to Fail Banks are Worse Than Before
Thursday, October 4, 2012 - 9:10am | 848Read More...Nouriel Roubini and Ian Bremmer, president of Eurasia Group, sat down with Tom Keene and Sara Eisen on “Bloomberg Surveillance” this morning to talk the global economy and U.S. politics. Roubini said that too big to fail banks are “worse than before” and the only solution is for them to “break up...
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Blackstone's Steve Schwarzman: Election Scrutiny of Private Equity May Pay Off
Wednesday, October 3, 2012 - 9:51am | 1603Read More...Steve Schwarzman, Chairman and CEO of Blackstone, sat down with Bloomberg News' Jason Kelly and said that election scrutiny of private equity may pay off: “There's a point of view that these business have performed very well for institutions…Ironically, it gave the public and other people a chance...
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Grant's Interest Rate Obverver's James Grant on Bloomberg Surveillance
Wednesday, August 29, 2012 - 2:19pm | 998Read More...James Grant, publisher of Grant's Interest Rate Observer, appeared on “Bloomberg Surveillance” with Tom Keene and Sara Eisen this morning and said that the Federal Reserve needs to “get out of the business of central planning.” Of the stock market, Grant said, “I think we live in a hall of...
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TPG-Axon's Singh Talks Markets on Bloomberg TV
Friday, August 3, 2012 - 3:19pm | 1915Read More...Dinakar Singh, founder of $4 billion hedge fund TPG-Axon Capital, spoke with Bloomberg TV's Erik Schatzker and Stephanie Ruhle on “Market Makers” Friday. Singh said investors are scared and are paying a lot for safety. In addition, he said that the commodities' “super cycle” is over because of...
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Barney Frank on Bloomberg: Congress "Can't Write Laws" to Stop Errors Like Knight
Thursday, August 2, 2012 - 4:54pm | 2185Read More...Representative Barney Frank, D-Mass., spoke to Bloomberg TV's Stephanie Ruhle and Eric Schatzker Thursday morning, saying that Congress "can't write laws" to prevent technical errors like what happened Wednesday with Knight Capital. Frank also said that, while he has not yet followed the news of...
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Knight Capital's Tom Joyce on Bloomberg Television
Thursday, August 2, 2012 - 2:34pm | 1396Read More...Knight Capital (NYSE: KCG) CEO Tom Joyce spoke with Erik Schatzker and Stephanie Ruhle on Bloomberg TV's “Market Makers” Thursday morning about Wednesday's trading errors and losses stemming from the breakdown, saying that the company has “all hands on deck.” Joyce said, “We understand what the...
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Meredith Whitney Says Banking Sector Will Lose 50,000 More Jobs
Tuesday, July 31, 2012 - 1:58pm | 973Read More...Tuesday, banking analyst Meredith Whitney appeared on “Bloomberg Surveillance” with Tom Keene and Scarlet Fu. In this appearance, Whitney said that as companies shrink headcount to match shrinking revenue, the banking industry will lose 50,000 more jobs. In addition she commented, “I would argue...
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ECRI's Lakshman Achutan on Bloomberg: "I Think We Are in a Recession Already"
Tuesday, July 10, 2012 - 2:10pm | 789Read More...Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, spoke with Bloomberg Television's Tom Keene today and said that, “What we said back in December was that the most likely start date for the recession would be in Q1 and if not then, by the middle of 2012. I'm here to reaffirm...
