Street News: Diamond's Resignation, Blackstone

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July 3 (Bloomberg) -- Bloomberg's Scarlet Fu reports on today's top news including Barclays' CEO Robert Diamond resigns, Blackstone jumps into residential real estate by buying foreclosed homes and BlueMountain Capital is a big winner by betting against JPMorgan's Whale trades. She speaks on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

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