Bill Gross, who runs the world’s
biggest bond fund at Pacific Investment Management Co (Pimco), has tweeted that Greece is heading for default.
Quote:
"
Euroland downgrades make investrs aware countries can default 2! Centuries of histry prove the point & wl be most recnt exmple"
he also casts doubt on the integrity of Papandreou:
"
on the rocks, ain’t no surprise. Pour a drink and he’ll tell you some lies."
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