This has been hanging over the financial markets like a bad cold for some time. Greece and the Eurogroup are down to the wire and neither side is budging. But just how significant is it? On Friday Greece has a $339 mln payment due the IMF. If a deal isn’t made Greece says “no payment.”
Banks including Citigroup Inc. and Goldman Sachs Group Inc., along with congressional staff members and trade groups, received potentially market-moving Federal Reserve information 19 hours before the public.