PDA

View Full Version : KaBOOM!

gates
October 19, 2010, 13:40
http://www.zerohedge.com/article/pimco-and-new-york-fed-said-seek-bank-america-repurchase-mortgages


mkt no likey
carguym14
October 19, 2010, 14:58
So is that why everything is down and the dollar is up?
DABTL
October 19, 2010, 15:37
Originally posted by gates
http://www.zerohedge.com/article/pimco-and-new-york-fed-said-seek-bank-america-repurchase-mortgages


mkt no likey

It is a nastygram, not litigation, and the concept makes little sense to anyone.
gates
October 19, 2010, 19:52
Regardless - the mkt no likey...
gates
October 19, 2010, 20:14
By the way Bill - Bill Gross is probably the smartest bond trader in the world - or the best connected..., either way, there is ZERO chance he bot all those dung heap MBS without a reasonable expectation of making a killing - hmm... buy them at .15 - get paid back at PAR - I really blew it - I should have given ALL my money to him and let him make me rich...