Bloomberg-gate spying and Apple's tax dodge
We discuss Bloomberg-gate at length today in a special segment and in a live interview with Christopher Chambers. Then, we talk to Mark Levine of the Inside Scoop and Mark Calabria of the CATO Institute for the Mark-to-Market breakdown about Apple’s tax ‘initiatives’. Finally, we discuss a new proposal by the International Swaps and Derivatives Association to change the rules about when credit default swap contracts pay out - basically, it’s an escalation of too-big-to fail, so get out your popcorn, as the players in this $60 trillion market duke it out.
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