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TIP451: The Story of Bill Gross aka The Bond King W/ Mary Childs
We Study Billionaires - The Investor’s Podcast Network
Pimco and the Federal Reserve
Pimco profited handsomely off of the global financial crisis when the housing market crashed. The government had to value or trade securities that it really had previously not done so at this scale. In multiple different markets, they ended up literally partnering with asset managers including pimco. And there are multiple ways in which pimco ran its business and partnered with basically front-running the fed. You know how we suppose to feel about these little ethically grey corners? It's like we have so many 'grey corners'
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