Interviews
Callow Says EU Response to Debt Crisis `No Magic Bullet’
Dec. 17 (Bloomberg) — Julian Callow, chief European economist at Barclays Capital, discusses Europe’s response to the debt crisis.
He talks with Mark Barton on Bloomberg Television’s “Countdown.”
Duration : 0:3:4
Curnutt Says Europe Debt Crisis to Repeat, May Be Worse
Dec. 13 (Bloomberg) — Dean Curnutt, president of Macro Risk Advisors LLC, talks about the outlook for the European debt crisis.
Curnutt, speaking with Erik Schatzker on Bloomberg Television’s “InsideTrack,” also discusses the impact of the Federal Reserve’s quantitative easing on investor sentiment. (Source: Bloomberg)
Duration : 0:4:36
Bhattacharya Says Zipmark Fees Lower Than Card Company
Dec. 7 (Bloomberg) — Jayastu Bhattacharya, chief executive officer of Zipmark Inc., talks about prospects for the mobile payment platform.
Bhattacharya speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)
Duration : 0:5:26
Liddell Says GM May Repay Debt, Fund Pension in 5 Years: Video
Nov. 18 (Bloomberg) — Chris Liddell, chief financial officer of General Motors Co., discusses the company’s initial public offering and business outlook.
Liddell, speaking from New York with Erik Schatzker and Deirdre Bolton on Bloomberg Television’s “InsideTrack,” says repaying all of the company’s debt and fully funding its pension obligations in three to five years is “critical.” GM returns to public trading today following an IPO that raised more than $20 billion. (Source: Bloomberg)
Duration : 0:7:24
Pottow Says Retirees Blame Credit Cards for Bankruptcies
Oct. 29 (Bloomberg) — John Pottow, a professor at the Univesrity of Michigan Law School, talks about a study showing bankruptcies among U.S. retirees increased.
Pottow speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)
Duration : 0:5:33
Thompson Says PayPal’s Growth Outside U.S. Is `Enormous’: Video
Oct. 27 (Bloomberg) — Scott Thompson, president and chief executive officer of PayPal Inc., talks about company’s relationship with parent firm EBay Inc., competition with credit-card companies and PayPal’s growth outlook.
Thompson talks with Cris Valerio on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Duration : 0:5:21
Joel Gurman Quicken Loans Talks Foreclosures
Hi. My name is Joel Gurman with Quicken Loans and a question has been asked a lot about foreclosure and the effects that it has on people long term. When you talk about foreclosure it’s something that has got to be a last resort. Banks are really willing to work with folks that are in situations where maybe they’ve lost a job and it’s hard to make payments. They don’t want to foreclose on you, so you want to do everything you can to avoid it.
Now the big issue is, moving forward what is a foreclosure going to do to you. I don’t think anybody really knows the long-term repercussions of it. Make no mistake, it’s going to have a negative effect on your ability to get future financing. Whether that’s the next house you want to buy, whether that’s the car you’re going to need a year or two down the line, whether that’s you co-signing for kids in three, four or five years for their student loans — it’s going to have an impact. And you have to take that stuff into consideration.
The other thing to really look at is the impact that it has on the people that you’re around all the time. If you’re house goes up for foreclosure it’s going to affect your neighbors. So again, it’s got to be a last resort. I do realize in today’s economy there are people who run into situations where they can’t make their payments but you have to think it through. A very wise man told me one time: What’s easy to do in the beginning is tough to live with in the end. Even if you can make a few extra payments or if you can forgo a few other things — it will behoove you to make your payments on your mortgage and not go into foreclosure. Because again, we really don’t know the implications of a foreclosure or of a short sale where you’re giving away the equity in your property.
If you can do anything — make your payments. Stay in your house & work with your lender but avoid foreclosure because it’s going to be bad to start with and who knows where it goes from there.
Music: Bright Wish – Kevin MacLeod
Duration : 0:2:11
Discover’s Offereins Sees Opportunity on Antitrust Case: Video
Oct. 7 (Bloomberg) — Diane Offereins, president of payment services at Discover Financial Services, talks about the outlook for the credit-card company and the implications of the U.S. Justice Department’s settlement of an antitrust complaint with Visa Inc. and Mastercard Inc.
Offereins, speaking with Margaret Brennan on Bloomberg Television’s “InBusiness,” also discusses consumer spending habits. (Source: Bloomberg)
Duration : 0:5:3
Citi’s Das Urges Changes to Loan Modification Programs: Video
June 24 (Bloomberg) — Sanjiv Das, chief executive officer of Citigroup Inc.’s CitiMortgage unit, talks with Bloomberg’s Julie Hyman about U.S. efforts to modify home loans in order to prevent foreclosures. (Source: Bloomberg)
Duration : 0:2:57
Shane Says New Credit-Card Rules Will Protect Consumers: Video
Feb. 22 (Bloomberg) — Richard Shane, an analyst at Jefferies & Co., talks with Bloomberg’s Julie Hyman and Mark Crumpton about the possible impact of new U.S. credit-card rules that take effect today on card issuers and consumers. (Source: Bloomberg)
Duration : 0:6:40
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