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Wasn't he one of those saying this was what they needed to move the credit markets? Now he is saying, this isn;t going to do it all by itself. The Fed "needs to get in the middle" Need more liquidity..... it ain't over 'til the fat lady sings.
Ah, this was just to get the masses past the first-time pain threshold
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Bill Gross
Posted by rgoodwin on 3rd of Oct 2008 at 02:11 pm
Wasn't he one of those saying this was what they needed to move the credit markets? Now he is saying, this isn;t going to do it all by itself. The Fed "needs to get in the middle" Need more liquidity..... it ain't over 'til the fat lady sings.
GROSS
Posted by dallahoo on 3rd of Oct 2008 at 02:27 pm
Ah, this was just to get the masses past the first-time pain threshold