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IPFS News Link • Economy - Economics USA

Bill Gross Wants PIMCO Bailout

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Bill Gross pleaded with "W" to "Write some checks, bail ‘em out, prevent a destructive housing deflation that Ben Bernanke is unable to do." A quick look at PIMCO's Total Return Fund shows the top 5 positions are all Fannie Mae and 40% of the fund is

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Reported By Mike Shedlock

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