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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (84540)9/4/2008 2:40:31 PM
From: Paul Kern5 Recommendations  Respond to 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.

A couple of weeks ago he was talking up distressed debt and then it was Freddie and Fannie debt. Now he wants us to take this crap off his hands.