Italian Bank-Bond Guarantee May Be Ineffective

Italian Bank-Bond Guarantee May Be Ineffective Play

Dec. 5 (Bloomberg) -- Alberto Gallo, head of European credit strategy at Royal Bank of Scotland Plc, talks about the Italian government's proposed guarantee on bank-bond sales for next year, which must be approved by both houses of parliament. He also discusses the outlook for corporate defaults with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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