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Betty Nguyen reports on Secretary of State Hillary Clinton's efforts to reassure foreign markets that a deal will be made in the debt ceiling talks to avoid default.

Betty Nguyen reports on Secretary of State Hillary Clinton's efforts to reassure foreign markets that a deal will be made in the debt ceiling talks to avoid default.

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July 25 (Bloomberg) -- Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about the debt ceiling debate and the possibility the credit ratings agencies will downgrade the U.S.'s AAA credit rating.

July 25 (Bloomberg) -- Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about the debt ceiling debate and the possibility the credit ratings agencies will downgrade the U.S.'s AAA credit rating.

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