Sunday, May 20, 2007

Greenspan and PIMCO

Here's an interesting article from Bloomberg by Caroline Baum entitled "Will Greenspan and Gross Merger Create Value?" which gives us some color on the news of former Fed chairman Greenspan's agreement to be an exclusive advisor to PIMCO. The real bottom line here is that nobody has a clue what good or bad will come from this collaboration, but simply that it should be interesting.

-- Jack Krupansky

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