Pimco Says It Pulled out Bad Assets/PPIP Over Program `Uncertainties'

Looks like Gross wants more 'certainty' on the tax rate of his bonus package
http://www.bloomberg.com/apps/news?pid=20601087&sid=aOzakLsCw4c0

 

Not a very big vote of confidence. Gross is a very smart man, and I think his actions speak volumes.

 

I agree

 

Rules change on the fly, not a game you want to play.

 

Gross is a fucking crook.

He keep whispering, government jumps, he makes money, Americans get poorer.

He pushed for Tarp, and Fannie Freddie rescue.

He pushed PPIP and now he's out, but he's not he just pushing to maximize his take.

Meanwhile Rome burns.

Fuck him and his stamps.

http://www.nytimes.com/2009/06/21/business/21gross.html

 

Definetely NOT his American investors. And by the way : lately strong USD speaks volumes WHICH country will rise from this crisis FIRST to growth...whatever is meant as "growth".