Wednesday 22 June 2011

Pimco warns Greece will default

Telegraph
"Pimco, the world's biggest bond fund, shrugged off last night's vote of confidence in the Greek government warning that it expects Greece and other European economies to default on their debts to resolve their problems. ....California-based Pimco (Pacific Investment Management Company), is based in California and is the world's biggest bond fund manager with nearly $1.3 trillion in assets under management. "

No comments: