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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: westpacific who wrote (82323)6/1/2007 3:18:14 PM
From: Crimson Ghost  Read Replies (2) of 110194
 
I recall reading a quote from a leading LBO principle recently that money is so cheap it it is almost free.

Yet "bond king" Bill Gross and Pimco prattle on and on about how bullish they are on fixed income securities.

Clearly somebody is going to look like an idiot here and I do not think it will be the LBO deal maker.

Could the "bond king" like the proverbial emperor really have no clothes?
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