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

To: mishedlo who wrote (84619)9/5/2008 9:25:29 AM
From: Yulya  Respond to of 116555
 
Pimco’s CEO had resigned:

“Bill Thompson, 63, a 15-year Pimco veteran, will retire from his co-CEO post at the end of this year. He says one reason is because he wanted to leave at the top.”

Good for him...leaving at the TOP.



To: mishedlo who wrote (84619)9/5/2008 10:48:14 PM
From: Sunny Jim13 Recommendations  Read Replies (3) | Respond to of 116555
 
I think the reality is that Bill Gross is invested big time in some bonds that are in trouble and he's about to get his head handed to him on a platter. He can't stand the thought of being in the middle of the tsunami so he makes a plea to the Federal government to save his ass. Sounds like Wall Street. Sounds like Detroit. Sounds like liar loan home buyers. Sounds like everyone that screwed up and wants to blame someone else.


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