With a vote set on Greece’s bailout package expected in Greece tomorrow, sources close to the situation note growing speculation as to the likelihood Greece will ultimately default on its debt regardless of the agreement in place. The resulting argument inside the Eurozone could force the IMF to leave the Troika, a ValueWalk source notes. Is IMF looking at bad investment decision that it considers illegal? Eric LeCompte, a UN debt expert and executive director at Jubilee USA Network, a sovereign debt relief organization, exhausted to the point of dizziness after debt negotiations in Ethiopia on a similar issue, pointed…
IMF Could Leave Troika Over Greece: Source
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.