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Pimco's Bill Gross: Bailout Plan Benefits Main Street

You'd think that the vast amounts of money sitting on the sidelines would jump at such a great opportunity. How much did Pimco make again on the Fannie Freddie Bail out -- was it $6B or was it $7B - I guess one good philanthropic turn deserves another -

With the announcement of the Fannie bail out Gross stated that the Category 4 financial storm had been downgraded to a Tropical Storm -- what a difference a week makes...

What's a Fed to Do?

The author's website is outstanding with some great tools (that are free) - www.dailyfx.com/