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11,000 square feet, nine bedrooms, 12 baths and 112 feet of water frontage are not enough for the billionaire bond king Bill Gross. As the Wall Street...
Sheldon Filger | Posted 08.08.2009 | Business
Larry Summers, Timothy Geithner and Ben Bernanke may go down in history as the three horsemen of the global financial and economic apocalypse
Harry Moroz | Posted 08.08.2009 | Politics
The dismal unemployment report released last week inspired renewed interest in a second economic stimulus, and economists, from Krugman to Feldstein, have led the charge for another injection.
Reuters | Jennifer Ablan | Posted 08.02.2009 | Business
NEW YORK (Reuters) - Bill Gross, the influential investor who runs top bond fund Pimco, said on Wednesday that greed will eventually become the norm a...
Erica Payne | Posted 07.24.2009 | Media
The New York Times did the country (and itself) a disservice Sunday when it printed all 5,000 words of Devin Leonard's piece on William Gross.
Harry Moroz | Posted 06.27.2009 | Business
Since President Obama signed the stimulus package into law 100 days ago, the U.S. economy certainly seems to have stabilized. Then again...
Sheldon Filger | Posted 06.25.2009 | Business
Quantitative easing and multi-trillion dollar deficits are the two core ingredients of an explosive fiscal cocktail that will ultimately lead to hyperinflation.
Reuters | Jennifer Ablan | Posted 06.21.2009 | 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...
Raymond J. Learsy | Posted 05.04.2009 | Business
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.
HuffingtonPost.com | Jason Linkins | Posted 03.30.2009 | Politics
I quite liked Mark McKinnon's piece in The Daily Beast, today, about Twitter "jumping the shark." I especially liked his admonition that we all must ...
Marco Trbovich | Posted 11.24.2008 | Business
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.
Raymond J. Learsy | Posted 11.06.2008 | Business
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.
Raymond J. Learsy | Posted 10.25.2008 | Media
Question: will PIMCO CEO Bill Gross be asked exactly how the bailout will impact his fund's bond holdings, and to what degree of profit? Or will he simply be given free reign to lecture us about the stormy seas ahead?
Raymond J. Learsy | Posted 10.22.2008 | Business
As the outlines of the "bailout" package come into focus, initially limiting the bailout to redeeming assets from American institutions, the fine hand of the influence peddlers are already all over the program.
Raymond J. Learsy | Posted 10.16.2008 | Business
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.
Dealbreaker | Posted 08.02.2008 | Business
In an attempt to stop throwing phones and temper tantrums over the lousy markets, a growing number of financiers are taking up yoga to "take a step ba...
MarketWatch | Steve Goldstein | Posted 03.28.2008 | Business
UBS may have sold a portfolio of Alt-A securities worth 25 billion Swiss francs ($24.1 billion), according to an analyst at J.P. Morgan. UBS was "hig...
Business Week | Lewis Braham | Posted 03.28.2008 | 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...
L.A. Observed | Marc Lacter | Posted 03.28.2008 | 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...
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Posted 09.17.2009 | Business