BlackRock pulls out of rescue for Italian bank Carige
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MILAN (Reuters) - U.S. fund manager BlackRock has pulled out of a proposed rescue of Italian bank Carige, a move that could push Rome's fragile government into another costly state bailout.BlackRock's decision, which highlights investor concerns about Italy's uncertain political environment, was confirmed by the fund manager and Carige following a report on the move in La Repubblica newspaper. They did not give a reason.A source familiar with the matter said political infighting and speculation..