Leon Cooperman, chairman and chief executive officer of hedge fund Omega Advisors, talks about the outlook for eBay Inc (NASDAQ:EBAY), the decision by the California Public Employees’ Retirement System to exit its hedge-fund investments, and investment strategy. He speaks with Stephanie Ruhle on Bloomberg Television’s “In the Loop.”

Leon Cooperman: EBay Should Spin Off PayPal

Leon Cooperman: EBay Should Spin Off PayPal [VIDEO]