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"Cult of equity is dead," Gross comment causes unease by equity managers.
As political stalemate intensifies, executives put off investment and slow hiring.
Italys PM warned of a potential breakup of Europe without greater urgency in efforts to lower government borrowing costs.
New York investigation looks into financial arrangements between insurance companies and captives.
S&P is changing its method for rating the instruments.
S&P is changing its method for rating the instruments.
The value of new junk bonds is rising relative to outstanding debt.
