Pimco’s El-Erian Cites ‘Implementation Risk’ in Greece Plan
By Sree Vidya Bhaktavatsalam -
2012-02-22T15:22:24Z
Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., told CNBC that implementation risks remain in Greece’s bailout agreement.
The agreement helps a “little,” El-Erian, who is also co- chief investment officer of Newport Beach, California-based Pimco, told the cable network in an interview today. Still, “people have to be convinced that the Greek agreement will pass,” he said.
To contact the reporter on this story: Sree Vidya Bhaktavatsalam in Boston at sbhaktavatsa@bloomberg.net
To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net
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