The Greek debt crisis may "look a lot like Latin America in the 1980s, where you have [to have] a large coalition of banks coming together to restructure the debt, and it will be underwritten by the governments," says Sharyn O'Halloran, George Blumenthal professor of political economy and international affairs at Columbia University. In this video interview with The Deal magazine, O'Halloran not only explains how she would resolve the Greek debt crisis, but also talks about the level of stress felt by European Union nations in maintaining the euro. "It's actually costing the German taxpayer, the French taxpayer, all of those members, money ... and that's going to be difficult to then say the value of the euro exceeds breaking apart into individual currencies." For more of O'Halloran's insights on the Greek debt crisis, as well as to hear her thoughts on the first woman appointed as head of the International Monetary Fund, watch "New IMF head Lagarde: Greece's Wonder Woman?" - Sarah Hashim-Waris
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.