Pimco's El-Erian Interview on U.S. Rating, Deficit

Pimco's El-Erian Interview on U.S. Rating, Deficit Play

April 19 (Bloomberg) -- Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about Standard & Poor's change yesterday in its outlook for the AAA credit rating of the U.S. to "negative" and the prospects for U.S. debt reduction. El-Erian speaks with Tom Keene and Ken Prewitt on Bloomberg Radio's "Surveillance." (This is an excerpt of the full interview. Source: Bloomberg)

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