I agree with the author. These actions are entirely self serving. Gross wants the government to infuse money into the financial sector, thereby propping up the bonds of the companies therein, which he just happens to have a boatload of in the portfolio he manages. He isn't giving his opinion on what he feels would be best for the economy as a whole.
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I agree with the author. These actions are entirely self serving. Gross wants the government to infuse money into the financial sector, thereby propping up the bonds of the companies therein, which he just happens to have a boatload of in the portfolio he manages. He isn't giving his opinion on what he feels would be best for the economy as a whole.
Sep 05 10:05 am
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All Comments by horned toad lizard »Bill Gross: 'Pick Me! Pick Me!' [View article]