Bloomberg News

Pimco’s El-Erian Cites ‘Implementation Risk’ in Greece Plan

February 22, 2012

Feb. 22 (Bloomberg) -- 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.

--Editor: Steven Crabill

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 -0- Feb/22/2012 15:17 GMT


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus