. February 24, 2009 SouthAmerica: I wonder how much money Pimco pays to CNBC for all the advertising that Pimco does on that cable TV station. I also wonder if it is part of the contract between Pimco and CNBC to feature Bill Gross and his partner as experts about what is happening in the financial markets. I heard Bill Gross set up the market over and over again on CNBC regarding Fannie and Freddie and when we had the US government intervention his company made a killing on these securities â they made over $ 2 billion dollars in profits. Since then everything that Bill Gross and his partner says I take with a grain of salt. Last night one of the commentators on a CNBC program was suggesting that Bill Gross would be part of the solution and he would help the US government fix the problem regarding the toxic assets. You can bet that any solution coming from Bill Gross and his partner also would include taking the US government for a ride and they probably would pocket billions of US dollars in profits. For all practical purposes today the reality is: CNBC it has become a stage where Bill Gross can set up his next financial scheme with the help of many talking heads from that cable TV station. The talking heads at CNBC give the impression to the viewing audience that the entire world is expecting Bill Grossâs expert advice about the financial markets â when the reality is Bill Gross and his partner are only using that cable station as their marketing tool for their own gain. I used to respect Bill Gross and his partner until I realized what was going on regarding CNBC. These guys are only two smart guys trying to game the system for their own advantage and nothing else. .