PIMCO To Participate In PPIP

24 Mar 2009

Bill Gross has announced that his Pacific Investment Management Co. plans to participate in the U.S. Treasury’s Public-Private Investment Program.

Bill Gross has announced that his Pacific Investment Management Co. plans to participate in the U.S. Treasury’s Public-Private Investment Program. Gross called the program “perhaps the first win-win-win policy to be put on the table.” His announcement follows that of BlackRock, which on Sunday said it would participate. ...

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