237: Mary Childs – Biggest ‘n Baddest, Billionaire Bond Trader: Bill Gross
Chat With Traders
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Pimco and the Crisis in the US?
Mortgages were kind of the epi centr of this crisis. The government had never really articulated it, and it was like a sort of this half way point that we just really didn't examine or talk that much about. And in the crisis, it became acutely relevant whether or not the us. Goverment was going to actually back these mortgages. So it's like, you can't really have it both ways any more. You have to pick.
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