Big Brother Investing

Condon, 8ernard
January 2009
Forbes Asia;1/12/2009, Vol. 5 Issue 1, p78
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.


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