Bloomberg Wall Street Week - August 4th, 2023
Wall Street Week
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The Importance of Resilience
Larry Summers: I don't think the United States is going to tell bondholders they're not getting money. He says rating agencies have not proven very pressing and tend to follow markets rather than lead them. We ask Dave Cody, former CEO of Honeywell, about whether that makes sense or how it should be done.
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