Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (84532)	9/4/2008 2:19:19 PM
From: Keith Feral	Read Replies (1) of 116555

Pimco likes to talk out of both sides of their mouth. Gross is on TV right now saying they won't buy any more bank capital. Apart from a $2 billion offering from WFC, I wasn't aware that any financial institution was looking to raise new capital except for FRE. It's very weir for him to beg Paulson to fund the GSE's with a new balance sheet.

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