Bill Gross' Bailout
Tuesday, June 23, 2009, by Stathis

Have a look at Gross’ Total Return Fund’s top 10 holdings. Recall this is the world’s largest mutual fund.

Now you know why he was so much in favor of the bailout for Fannie and Freddie.
 
 
 
 
Can you say scumbag?
 
 
TOP 10 HOLDINGS ( 24.36% OF TOTAL ASSETS) 
 
Company                                     % Assets
FNMA 6%                                         7.43
FNMA 5.5%                                      2.76
FNMA 5%                                        2.63
FHLMC 5.5%                                    2.30
US Treasury Note 3.125%                 1.97
BRAZIL NTN-F                                  1.87
US TREASURY NOTE                         1.55
FNMA 5.5%                                      1.33
FNMA                                              1.31
FNMA 5.5%                                      1.21
 
 
 
Mr. Gross would like to personally thank you for paying your taxes.
 
 
 
 
 

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