TITLE

Big Brother Investing

AUTHOR(S)
Condon, 8ernard
PUB. DATE
January 2009
SOURCE
Forbes Asia;1/12/2009, Vol. 5 Issue 1, p78
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article provides information on Pacific Investment Management Co. (PIMCO) founder William H. Gross' way to achieve a positive economic growth in the U.S. Relevantly, Gross is claimed to have bought $100 billion shares and senior debt of financial companies obtaining taxpayer loans. As for his action, Gross accordingly believes not bothered for he is confident and convinced that the economy will soon recover from its great losses.
ACCESSION #
36271621

 

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