Greek Blood In The Water, BlackRock Dips In Toe To Find Value

Is BlackRock buying when blood is in the water in Greece? The $4.7 trillion bond manager recently dipped their toes in the water as the Greeks, apparently, have succumb to German desires and outwardly appear on a path that doesn't feature debt default.

BlackRock: Aggressive strategy bought "tiny bit of Greece"

“For the more aggressive total-return accounts, we actually bought a tiny bit of Greece a week ago,” Michael Krautzberger told Jonathan Ferro in a Bloomberg Television’s “On The Move” interview. “Obviously the headlines didn’t look good, but if you looked at the pricing terms we thought that the pessimism...