Text of Draft Proposal for Bailout Plan BUY AND BAIL – What will those innocent homeowners think of next?
Sep 25

While I am not as confident as Bill Gross in the efficacy of handing the “keys to the kingdom” over to Paulson and Bernanke with no oversight or ability to challenge in court,  he is one of the more interesting characters as Founder and Co-CIO of PIMCO, the world’s largest holder of MBSs.

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