Tue 16 Oct 12 | 03:10 PM ET

Highlight transcript below to create clip

Auto Scroll

Transcript: Print | Email

Click text to jump within video

Bill Gross: Financial Industry Is Under Threat

Tue 16 Oct 12 | 03:10 PM ET

Bill Gross, PIMCO, explains what the shakeup at Citi means for the overall financial sector and the market. "The financial industry is under threat here simply because the yield on their assets is moving down, and the cost of their borrowing can't move much lower," he explains.

Topics:

ADD COMMENTS

More Related Videos

Show Tornado Strikes Near Oklahoma City Mon 20 May 13 \| 04:58 PM ET	Company/Contributor JPMorgan Dimon's Learns Fate Tomorrow Mon 20 May 13 \| 04:40 PM ET	Company/Contributor Apple's Cook Expected to Pitch Tax Law Mon 20 May 13 \| 03:15 PM ET	Company/Contributor Closing Bell Exchange Mon 20 May 13 \| 03:00 PM ET

Show

Tornado Strikes Near Oklahoma City

Mon 20 May 13 | 04:58 PM ET

Company/Contributor

JPMorgan Dimon's Learns Fate Tomorrow

Mon 20 May 13 | 04:40 PM ET

Company/Contributor

Apple's Cook Expected to Pitch Tax Law

Mon 20 May 13 | 03:15 PM ET

Company/Contributor

Closing Bell Exchange

Mon 20 May 13 | 03:00 PM ET

Sort Video Gallery

Displaying results for: Latest Video | US

Can Brazil Sustain Its Growth? Tue 21 May 13 \| 01:30 AM	'Very Positive on Dollar Going Forward': Pro Tue 21 May 13 \| 01:20 AM	More Pain Ahead For Europe Tue 21 May 13 \| 12:10 AM	Expect Tapering Off of QE Tue 21 May 13 \| 12:05 AM	Sony Unveils PS4 Teaser Ahead of Xbox Launch Mon 20 May 13 \| 10:11 PM
U.S. Equities: Make Sure You Have Exposure Mon 20 May 13 \| 10:11 PM	Strengthening US-Myanmar Relations Mon 20 May 13 \| 09:23 PM	Reading the M&A Tea Leaves Mon 20 May 13 \| 09:05 PM	Jamie Dimon's Dual Role Should Be Split: Analyst Mon 20 May 13 \| 08:35 PM	Destination Equities For Investors? Mon 20 May 13 \| 08:10 PM
Oklahoma Congressman Weighs in on Tornado Mon 20 May 13 \| 07:52 PM	This Sector of UK Economy is 'Out of This World' Mon 20 May 13 \| 07:51 PM	Can Corporate Profits Sustain the Rally Mon 20 May 13 \| 07:44 PM	Qihoo 360: Business Metrics Point To Right Direction Mon 20 May 13 \| 07:40 PM	At Least 10 Fatalities From Oklahoma Tornado Mon 20 May 13 \| 07:33 PM
Two Elementary Schools Heavily Damaged Mon 20 May 13 \| 07:25 PM	Broken Budget Promises? Mon 20 May 13 \| 07:15 PM	Growth, Biggest Threat to Markets? Mon 20 May 13 \| 07:15 PM	Tornado Rips Through Oklahoma City Area Mon 20 May 13 \| 07:00 PM	Cramer: Kids Say the Darndest Things? Mon 20 May 13 \| 06:58 PM
Does HTA's Business Have a Clean Bill of Health? Mon 20 May 13 \| 06:45 PM	Don't Ignore Copper Trade Mon 20 May 13 \| 06:45 PM	Lightning Round Mon 20 May 13 \| 06:40 PM	Yen Is Being Jawboned: Pro Mon 20 May 13 \| 06:33 PM	The War Against Cancer Mon 20 May 13 \| 06:25 PM
How SAVE's Business Fares Going Forward Mon 20 May 13 \| 06:15 PM	Defending Jamie Dimon's Dual Role Mon 20 May 13 \| 06:10 PM	Mad Money, May 20, 2013 Mon 20 May 13 \| 06:00 PM	Cramer Helps You Keep up With Market Mon 20 May 13 \| 06:00 PM	Fast Money Final Trade Mon 20 May 13 \| 05:58 PM

« First | « Previous

1 | 2 | 3 | 4 | 5 of $lastPage

Next » | Last »

| Terms of Service | Independent Programming Report | Latest News Releases | RSS

Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2012 CNBC LLC. All Rights Reserved

Can Brazil Sustain Its Growth? Tue 21 May 13 \| 01:30 AM	'Very Positive on Dollar Going Forward': Pro Tue 21 May 13 \| 01:20 AM	More Pain Ahead For Europe Tue 21 May 13 \| 12:10 AM	Expect Tapering Off of QE Tue 21 May 13 \| 12:05 AM	Sony Unveils PS4 Teaser Ahead of Xbox Launch Mon 20 May 13 \| 10:11 PM
U.S. Equities: Make Sure You Have Exposure Mon 20 May 13 \| 10:11 PM	Strengthening US-Myanmar Relations Mon 20 May 13 \| 09:23 PM	Reading the M&A Tea Leaves Mon 20 May 13 \| 09:05 PM	Jamie Dimon's Dual Role Should Be Split: Analyst Mon 20 May 13 \| 08:35 PM	Destination Equities For Investors? Mon 20 May 13 \| 08:10 PM
Oklahoma Congressman Weighs in on Tornado Mon 20 May 13 \| 07:52 PM	This Sector of UK Economy is 'Out of This World' Mon 20 May 13 \| 07:51 PM	Can Corporate Profits Sustain the Rally Mon 20 May 13 \| 07:44 PM	Qihoo 360: Business Metrics Point To Right Direction Mon 20 May 13 \| 07:40 PM	At Least 10 Fatalities From Oklahoma Tornado Mon 20 May 13 \| 07:33 PM
Two Elementary Schools Heavily Damaged Mon 20 May 13 \| 07:25 PM	Broken Budget Promises? Mon 20 May 13 \| 07:15 PM	Growth, Biggest Threat to Markets? Mon 20 May 13 \| 07:15 PM	Tornado Rips Through Oklahoma City Area Mon 20 May 13 \| 07:00 PM	Cramer: Kids Say the Darndest Things? Mon 20 May 13 \| 06:58 PM
Does HTA's Business Have a Clean Bill of Health? Mon 20 May 13 \| 06:45 PM	Don't Ignore Copper Trade Mon 20 May 13 \| 06:45 PM	Lightning Round Mon 20 May 13 \| 06:40 PM	Yen Is Being Jawboned: Pro Mon 20 May 13 \| 06:33 PM	The War Against Cancer Mon 20 May 13 \| 06:25 PM
How SAVE's Business Fares Going Forward Mon 20 May 13 \| 06:15 PM	Defending Jamie Dimon's Dual Role Mon 20 May 13 \| 06:10 PM	Mad Money, May 20, 2013 Mon 20 May 13 \| 06:00 PM	Cramer Helps You Keep up With Market Mon 20 May 13 \| 06:00 PM	Fast Money Final Trade Mon 20 May 13 \| 05:58 PM

Please Install Flash Player

Bill Gross: Financial Industry Is Under Threat

Bill Gross: Financial Industry Is Under Threat

Topics:

COMMENTS

More Comments

ADD COMMENTS

PREVIEW COMMENT