You’d be forgiven for asking who cares about Moody’s downgrading yesterday of 15 of the world’s biggest banks, including …
PIMCO
Guru Gaffe: Investors Losing Faith in ‘Bond King’
Bill Gross, a legendary bond fund manager, is about to close the books on a terrible year for his $241 billion PIMCO Total Return Fund. His missteps underscore the risks of a concentrated investment and in staying too long with a …
