The Institute of International Finance, IIF, said in a statement that the ECB's bond plan may result in a “cliff effect” if a country does not meet conditions tied to the bond purchases and the IIF added, a termination of bond purchases could lead to an “abrupt” market correction, says Bloomberg.
Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes. …