King of Citigroup Sees 'Severe' Credit Freeze, Fed Cut: Video

Matt King, head of credit products strategy at Citigroup Inc., talks with Bloomberg's Nina de Roy and Rishaad Salamat in London about the impact of the liquidity crisis on the banking industry and the outlook for tomorrow's interest-rate decision by the Federal Reserve. Calls for lower borrowing costs have been mounting as the collapse of the subprime-mortgage market suddenly raised the cost of credit or companies and consumers. (Source: Bloomberg)

Bloomberg | September 17, 2007

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