Espirito Santo Bailout a `Good Formula': Calomiris

Espirito Santo Bailout a `Good Formula': Calomiris Play

Aug. 4 (Bloomberg) -- Charles Calomiris, a professor at Columbia Business School, and Hans Humes, chief executive officer of Greylock Capital Management, talks about the decision by Portugal's central bank to take control of Banco Espirito Santo SA's assets in a 4.9 billion-euro ($6.6 billion) bailout. They speak with Adam Johnson, Scarlet Fu and Tom Keene on Bloomberg Television's "Surveillance." (Source: Bloomberg)

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