Bill Gros and Pimco Are Playing Chicken With the Government

When the financial crisis does hit, billgros and pimco are proving right suddenly they have enormous power. The federal government needs giant debt buyers like pimco to step in, buy up all those distressed mortgages. Bill gross from a pimco we've been discussing in sterling year, a sharp ratio over three, which is, folks, that's, that's like to die for, is.