Bill Gross

Bill Gross, PIMCO founder and co-chief investment officer, stated that Greece is heading for default. The downgrade of European ratings by Standard & Poor’s last week shows countries can fail to meet their debt obligations, Gross said in a...

Greece defaulting on its debt is certain said Bill Gross, manager of Pimco, the world΄s largest bond fund, according to Reuters. The question was when, not if, Greece would default on its debt said Gross, adding that it was a...