Pimco, Gross and Co to run Fed's Commercial Paper Funding Facility!

[Daal]

guess the rumors the fed was pimco's bitch were not exagerated. they will soon do all the stuff gross recommended
http://www.newyorkfed.org/newsevents/news/markets/2008/an081008.html

 

[stock777]

Govt getting more incestuous by the minute

 

[The Kin]

Quote from Daal:

guess the rumors the fed was pimco's bitch were not exagerated. they will soon do all the stuff gross recommended
http://www.newyorkfed.org/newsevents/news/markets/2008/an081008.html

YOU GOT TO BE FUCKING KIDDING ME. BILL GROSS IS NOW ON THE PPT.... PUBLICALLY? Good fucking grief.




It's like that SNL clip where George Soros proclaims, "Your $700 billion now belongs to me." Except this is not funny.

 

[Unhommefou]

The SNL clip for reference:

<object width="512" height="296"><param name="movie" value="http://www.hulu.com/embed/VrvVxi0C_EiVZDgsvvWpJg"></param><embed src="http://www.hulu.com/embed/VrvVxi0C_EiVZDgsvvWpJg" type="application/x-shockwave-flash" width="512" height="296"></embed></object>


LOL!!!

 

[mschey]

Bill Gross is one of the best at what he does, he's exactly the kind of person you want to manage that job!

 

[poyayan]

Quote from mschey:

Bill Gross is one of the best at what he does, he's exactly the kind of person you want to manage that job!

he also has A LOT OF conflict of interest. That will make any smart man dumb.