Bloomberg News

Pimco's El-Erian: Ton of Cash on Sidelines Should Be Spent

October 30, 2013

Oct. 30 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at Pimco, explains why the United States is coming to and important turning point in the economy and how corporate cash can help lead the way. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

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