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To: bruinbirdman

Ping.


49 posted on 03/09/2011 1:33:02 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: familyop; SE Mom; FromLori
Pimco has many, many funds. Gross is the big manager of them all?

What is Gross doing with all the other Pimco Funds that hold U.S.A. Treasuries. He mentions only Total Return.

My hunch? He sold Total Return's treasuries to the other Pimco Funds, or traded them for equities so Total Return's treasuries didn't take a hit on the open market.

yitbos

71 posted on 03/09/2011 2:10:39 PM PST by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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