P&L: Some Italian Banks Should Die, "Zombie Banks" Author Says
Bloomberg's Yalman Onaran, author of "Zombie Banks," discusses Italian banks and the ECB's decision to reject Monte Paschi's bid for more time on capital. Then, Pimm Fox and Lisa Abramowicz talk to Jim Murren, chairman and CEO of MGM Resorts, about MGM's new gaming resort in Washington and why public perception of gaming is at an all-time high. Also, Bloomberg's Catherine Traywick discusses Donald Trump's transition team's energy policy, which includes ways to keep nuclear power generators alive. Finally, Frank Holmes, CEO of U.S. Global Investors, says airlines have become an oligopoly.
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