Major news out of PIMCO as Mohamed El-Erian resigns from CEO post

PIMCO's El-Erian: Italy is no Greece New york: mohamed el-erian, widely viewed as the successor to Pacific Investment Management Co.’s (Pimco) Bill Gross, resigned after six years as the firm struggles to stem record redemptions.

Market for home construction workers improves, still rough Mortgage applications drop after big jump  · Well, after 3 weeks, the field in the big college basketball tournament has been whittled from 68 down to two in tonight’s final. Many of us around the office are disappointed that Michigan State isn’t in it, but it was a good run.. MBA Mortgage Applications.. but given the recent drop in rates, much of the new application volume in.