[Ex-SD]

Bill Gross (from Pimco) has asserted that the feds needed to act for the greater good of the economy and the financial system, not just for the continued health of his Pimco Total Return bond fund, the world’s largest. The $130-billion-asset fund is up 3.5% this year, ranking it in the 96th percentile for performance among bond funds.

Gross said he believed that the Treasury’s rescue plan would go a long way toward improving sentiment in the financial and housing markets.

For the financial system, “The Category 4 hurricane has been downgraded to a tropical storm,” he said.

He predicts that mortgage rates will fall this week as the rates that Fannie and Freddie pay to borrow money begin to decline.

He also expects the stock market overall to rally Monday.

And Gross has revised his estimate of how much more of a decline is in store for home prices. He had been expecting average home prices nationwide to fall an additional 10% to 15%. With Fannie and Freddie preserved, he sees prices bottoming after a further decline of 5% to 10%.

But that isn’t his forecast for California, where market conditions are much worse and likely to stay that way, he said.

link to article: http://latimesblogs.latimes.com/money_co/2008/09/bill-gross-the.html

[Ex-SD]

Bill Gross (from Pimco) has asserted that the feds needed to act for the greater good of the economy and the financial system, not just for the continued health of his Pimco Total Return bond fund, the world’s largest. The $130-billion-asset fund is up 3.5% this year, ranking it in the 96th percentile for performance among bond funds.

Gross said he believed that the Treasury’s rescue plan would go a long way toward improving sentiment in the financial and housing markets.

For the financial system, “The Category 4 hurricane has been downgraded to a tropical storm,” he said.

He predicts that mortgage rates will fall this week as the rates that Fannie and Freddie pay to borrow money begin to decline.

He also expects the stock market overall to rally Monday.

And Gross has revised his estimate of how much more of a decline is in store for home prices. He had been expecting average home prices nationwide to fall an additional 10% to 15%. With Fannie and Freddie preserved, he sees prices bottoming after a further decline of 5% to 10%.

But that isn’t his forecast for California, where market conditions are much worse and likely to stay that way, he said.

link to article: http://latimesblogs.latimes.com/money_co/2008/09/bill-gross-the.html

[Ex-SD]

Bill Gross (from Pimco) has asserted that the feds needed to act for the greater good of the economy and the financial system, not just for the continued health of his Pimco Total Return bond fund, the world’s largest. The $130-billion-asset fund is up 3.5% this year, ranking it in the 96th percentile for performance among bond funds.

Gross said he believed that the Treasury’s rescue plan would go a long way toward improving sentiment in the financial and housing markets.

For the financial system, “The Category 4 hurricane has been downgraded to a tropical storm,” he said.

He predicts that mortgage rates will fall this week as the rates that Fannie and Freddie pay to borrow money begin to decline.

He also expects the stock market overall to rally Monday.

And Gross has revised his estimate of how much more of a decline is in store for home prices. He had been expecting average home prices nationwide to fall an additional 10% to 15%. With Fannie and Freddie preserved, he sees prices bottoming after a further decline of 5% to 10%.

But that isn’t his forecast for California, where market conditions are much worse and likely to stay that way, he said.

link to article: http://latimesblogs.latimes.com/money_co/2008/09/bill-gross-the.html

[Ex-SD]

Bill Gross (from Pimco) has asserted that the feds needed to act for the greater good of the economy and the financial system, not just for the continued health of his Pimco Total Return bond fund, the world’s largest. The $130-billion-asset fund is up 3.5% this year, ranking it in the 96th percentile for performance among bond funds.

Gross said he believed that the Treasury’s rescue plan would go a long way toward improving sentiment in the financial and housing markets.

For the financial system, “The Category 4 hurricane has been downgraded to a tropical storm,” he said.

He predicts that mortgage rates will fall this week as the rates that Fannie and Freddie pay to borrow money begin to decline.

He also expects the stock market overall to rally Monday.

And Gross has revised his estimate of how much more of a decline is in store for home prices. He had been expecting average home prices nationwide to fall an additional 10% to 15%. With Fannie and Freddie preserved, he sees prices bottoming after a further decline of 5% to 10%.

But that isn’t his forecast for California, where market conditions are much worse and likely to stay that way, he said.

link to article: http://latimesblogs.latimes.com/money_co/2008/09/bill-gross-the.html

[Ex-SD]

Bill Gross (from Pimco) has asserted that the feds needed to act for the greater good of the economy and the financial system, not just for the continued health of his Pimco Total Return bond fund, the world’s largest. The $130-billion-asset fund is up 3.5% this year, ranking it in the 96th percentile for performance among bond funds.

Gross said he believed that the Treasury’s rescue plan would go a long way toward improving sentiment in the financial and housing markets.

For the financial system, “The Category 4 hurricane has been downgraded to a tropical storm,” he said.

He predicts that mortgage rates will fall this week as the rates that Fannie and Freddie pay to borrow money begin to decline.

He also expects the stock market overall to rally Monday.

And Gross has revised his estimate of how much more of a decline is in store for home prices. He had been expecting average home prices nationwide to fall an additional 10% to 15%. With Fannie and Freddie preserved, he sees prices bottoming after a further decline of 5% to 10%.

But that isn’t his forecast for California, where market conditions are much worse and likely to stay that way, he said.

link to article: http://latimesblogs.latimes.com/money_co/2008/09/bill-gross-the.html

[Ex-SD]

If the government eats all of these losses generated by the housing “Ponzi Scheme” that got us to this point, the U.S. may lose its AAA sovereign debt rating and eventually wind up like an insolvent banana republic. The fools in Washington (all of them: Democrats & Republicans) seem intent on breaking the country.

I have read that quite a few pension funds held stock in these companies so you can imagine the havoc this is going to cause with people’s pensions which is going to cause more instability with the finances of a lot of people.

This is going to push the recession up the next rung in the ladder so I think it’s going to cause more sellers to panic and lower their prices quicker than they would have otherwise.

[Ex-SD]

If the government eats all of these losses generated by the housing “Ponzi Scheme” that got us to this point, the U.S. may lose its AAA sovereign debt rating and eventually wind up like an insolvent banana republic. The fools in Washington (all of them: Democrats & Republicans) seem intent on breaking the country.

I have read that quite a few pension funds held stock in these companies so you can imagine the havoc this is going to cause with people’s pensions which is going to cause more instability with the finances of a lot of people.

This is going to push the recession up the next rung in the ladder so I think it’s going to cause more sellers to panic and lower their prices quicker than they would have otherwise.

[Ex-SD]

If the government eats all of these losses generated by the housing “Ponzi Scheme” that got us to this point, the U.S. may lose its AAA sovereign debt rating and eventually wind up like an insolvent banana republic. The fools in Washington (all of them: Democrats & Republicans) seem intent on breaking the country.

I have read that quite a few pension funds held stock in these companies so you can imagine the havoc this is going to cause with people’s pensions which is going to cause more instability with the finances of a lot of people.

This is going to push the recession up the next rung in the ladder so I think it’s going to cause more sellers to panic and lower their prices quicker than they would have otherwise.

[Ex-SD]

If the government eats all of these losses generated by the housing “Ponzi Scheme” that got us to this point, the U.S. may lose its AAA sovereign debt rating and eventually wind up like an insolvent banana republic. The fools in Washington (all of them: Democrats & Republicans) seem intent on breaking the country.

I have read that quite a few pension funds held stock in these companies so you can imagine the havoc this is going to cause with people’s pensions which is going to cause more instability with the finances of a lot of people.

This is going to push the recession up the next rung in the ladder so I think it’s going to cause more sellers to panic and lower their prices quicker than they would have otherwise.

[Ex-SD]

If the government eats all of these losses generated by the housing “Ponzi Scheme” that got us to this point, the U.S. may lose its AAA sovereign debt rating and eventually wind up like an insolvent banana republic. The fools in Washington (all of them: Democrats & Republicans) seem intent on breaking the country.

I have read that quite a few pension funds held stock in these companies so you can imagine the havoc this is going to cause with people’s pensions which is going to cause more instability with the finances of a lot of people.

This is going to push the recession up the next rung in the ladder so I think it’s going to cause more sellers to panic and lower their prices quicker than they would have otherwise.

[Ex-SD]

Never mind…………..

[Ex-SD]

Never mind…………..

[Ex-SD]

Never mind…………..

[Ex-SD]

Never mind…………..

[Ex-SD]

Never mind…………..

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