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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20161222

Ewsprint t tenants names carl icahn to head of his deregulation campaign. And Peter Navarro to head a new trade counsel in the trump white house. That is what you need to know at this hour. Bankthe future of italys with lisato milan martin. Have we got any color on what the plan is from here . The next 40 hours will be critical. Paschi, the indication at the moment there isnt much there. The bank will seek some kind of government intervention. The bank as a Firm Deadline by the end of the year to offload a significant amount of bad debt. What we expected here between now and friday is the government approving a decree that will set up the rough outline of how it will put up to 20 billion euros on the table for monte paschi but potentially for other lenders, too. Jon with the prospect of state aid on the table, how do you implement burden sharing and protect bondholders as well . How do you do that . This is what is going to be key. What we have seen in similar situations earlier this y

Transcripts For BLOOMBERG Bloomberg Markets 20160208

Lastminute push in the Granite State . On the markets desk, julie hyman has the latest long session lows. Investorsloff today, seem to be feeling uneasy about here. Accelerating, as david says, the lows of the session, the s p in the dow are down considerably as well. Close toq looks pretty entering a bear market. Take a look at the bloomberg on an intraday basis, going back about one year. This is last july. The high of july 20, the high on that day. Tract to the lower today you have a decline of 19 . On a closing basis it doesnt look like it will enter a bear market today, but it could certainly happen soon because technology has really been leading the decline, not just today but this year. Look at the heavyweights, many of whom did well last year and are now pulling back this year. Facebook, microsoft, amazon, all sharply lower. We have seen this theme again and again. Banks, similar situations. The financial index is the worstperforming group of the 10 groups within the s p. Once

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