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Wall Street's Vulnerable to Downturn, Summers Says

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Former Treasury Secretary Larry Summers, president emeritus and Charles W. Eliot University professor at Harvard University, discusses bank regulation, U.S. Treasury policies and an outlook for recession. Matt Freund, co-chief investment officer and head of fixed income strategies at Calamos Investments, tells Lisa Abramowicz why he expects rates to re-test lows in the next recession. Alicia Garcia Herrero, chief economist for the Asia Pacific region at Natixis, discusses the outlook for China and Asia markets. Finally, Max Nisen, a Bloomberg Gadfly columnist, talks about insurers raising Obamacare premiums as they fret over the bill's shaky future.

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