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Wednesday, February 8, 2012

Bill Gross Explains The European Ponzi

Tyler Durden's picture
Submitted by Tyler Durden on 02/08/2012 13:37 -0500



Not like it is news, but... Out of one pocket, into another, and in the mean time "things get better" as Gross explains below. That said, we hope Bill knows where Allianz of A&G fame (which just happens to be the closest comp to our own AIG) falls in the pecking order of the European house of cards.
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