iOS app Android app

Bill Gross

PIMCO's Gross: U.S. At Risk Of Losing Top AAA Rating

Reuters | Jennifer Ablan | Posted 05.25.2011 | Business

Bill Gross, manager of the world's biggest bond fund, warned on Thursday the United States will eventually lose its top AAA credit rating, a fear that...

Gaming the Bailout: How Washington Continues Making The Saudi Arabia of Bond Funds Ever Richer

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

To see how access, power, and influence over the government and media is literally lifting billions from the pockets of taxpayers, one need not look further than a firm called PIMCO.

The Seventy Percent Solution

Marco Trbovich | Posted 05.25.2011 | Business
Marco Trbovich

70 percent of the US economy has been dependent on consumer purchasing to sustain economic growth. The portion of workers in the US who do not have a college education is also 70 percent.

Financial Crisis Bailout Riddled With Conflicts of Interest

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

The people with the same rapacious mindset that got us to this dangerous place at huge profit to themselves are now being asked by Paulson to serve themselves up to another helping.

CNBC's Fawning Coverage Helping Bond Billionaires Fleece Main Street

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

No matter the cost, no matter the damage to the public weal, there are always some who through access and sheer financial wherewithal will turn a national disaster to profitable gain.

Is Your Fund At Risk?

Business Week | Lewis Braham | Posted 05.25.2011 | Business

Complex financial instruments called credit default swaps have roiled the financial markets for months. They're at the heart of the bond insurers' woe...

What's Bill Gross Up To?

L.A. Observed | Marc Lacter | Posted 05.25.2011 | Business

When the subject of interest rates and inflation creeps up - as it has with today's higher-than-expected consumer price index numbers - Bill Gross can...