Bill Gross doesn't know?

How much FNM/FRE debt does Pimco actually hold??
(upd. September 10, The Bill Gross-managed Pimco Total Return fund reaped a $1.7bn payday following the US government's takeover of home loan groups Fannie Mae and Freddie Mac.)

Category:

News & Politics

Tags:

• bill
• gross
• fannie
• mae
• freddie
• mac
• pimco

[SanieClaws]

1:06

K: "Have you been in conversations with Treasury, Bill?"

B: "Uh-wuh-ummm...I can't comment on that, Kathleen."

(YES! I have!) Hahah

[RaleighDawlishRaynar]

I could care less about Bill's Monthly Letters.

But guess who allegedly said the following at the end of a speech to the GOP National Convention in 2008?

Help your country and the cause of service by putting others first and getting involved in a volunteer effort in your hometown. Thank You.

I hear you Bill and that is exactly what I am doing. And I can comment on everything, Bill and sorry but the USA aint my country - I am helping my own. So good luck Pimco!

[asbte]

hee haw

[ewjomega]

Well Billy boy you can't do shit can you.

[becauseicare2]

Bill Gross is a very wise man. Check the % of cash he is holding in the PIMCO total return. He knows whats up and has been vocal as well as protecting clients.

[LeeHarveyOswald63]

Fannie Mae & Freddie Mac; playgound for political hacks and con artists. Legal robbery of the American taxpayer.

[zombiestudios]

Am I missing something here, or is he a giant asshole???? Why should my hard earned tax dollars bail out foreign central banks?

[suave286]

Dumbest reporter ever....no tough questions asked...why should taxpayer pay the bill?... what happens to the dollar? and the US credit rating......Bill is asking the govt open your wallet show me the money....why cant he take a hair cut for the paper he bet on...why shud the public pay for this...this is just mockery of the whole crisis.