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IMF walks out of Greece bailout talks


The International Monetary Fund dramatically pulled out of talks with debt-stricken Greece on Thursday after it accused Athens of failing to compromise over labour market and pension reforms.

Bill Gross is a Volcker careerist: Fund manager

Bill Gross Interview Pic

Bond guru Bill Gross has benefited from U.S. monetary policy for the last 30 years and is unaware that the environment that made him successful has radically changed, a fund manager told CNBC on Thursday.



Goldman Sachs Blink

Goldman agrees to end $1bn lawsuit with hedge fund

Goldman Sachs and an Australian hedge fund agreed to end a $1bn lawsuit over the sale of mortgage-linked securities, including an investment known as “Timberwolf” that became a symbol of the financial crisis after it was cited in internal e-mails released by U.S. lawmakers.