Surveillance: SoftBank's WeWork Rescue With Galloway
10.23.2019 - By Bloomberg Surveillance
Gideon Rose, Foreign Affairs Editor, says Trump would like to unwind U.S. commitments in the Middle East. Catherine Barnard, The U.K. in a Changing Europe Senior Fellow, says, "the ball is currently in the EU's court" after Boris Johnson begrudgingly has asked for an extension on Brexit. Wei Li, BlackRock Head of iShares EMEA Investment Strategy, says the low rate environment is contagious. Scott Galloway, NYU Stern Professor, thinks that Softbank's $9.5B WeWork rescue will go down as the costliest exercise in saving face in the history of the private markets. And Michael Nathanson, Moffettnathanson Senior Research Analyst, says we are heading towards a "race to the bottom" in a pivotal time for the media industry.