Thursday, July 9, 2009

PIMCO declines to be in the PPIP

July 9 (Bloomberg) -- The U.S. plan to help buy as much as $40 billion in assets from banks got started almost four months after it was proposed and without Pacific Investment Management Co., the world’s biggest bond manager and an early supporter.

Did PIMCO have a "man in the mirror" moment?

No comments: