Bloomberg Hedge Fund Summit 2012: Marc Lasry Talks [LIVE]

Bloomberg Hedge Fund Smmit 2012, sit down with the famous investor Marc Lasry, Chairman, CEO and Co-Founder, Avenue Capital Group. Marc Lasry who is supporter of President Barack Obama, suggested to White House officials, that they speak with the GOP and not just business leaders. 10:21: Marc Lasry says that it is obvious that taxes must go up. Some suggestions have been to give people tax credits to investment in the economy. 10:23: Marc Lasry thinks that a deal will get down later rather than earlier, but a deal will get done. Avenue Capital is now 25% cash, as opposed to…