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The Sandbox - National The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here.

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Old 10-19-2012, 01:15 PM   #1
SEE3772
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Default Bill Gross (Manager Of Pimco, The World's Largest Mutual Fund) Warns "Very Likely' Central Banks Will Cause 1987-Like Crash

PIMCO

@PIMCO
Gross: The crash on Oct 19 1987 showed that portfolio insurance puts were dangerous.
R central bank “puts” in the same category?
Very likely

19 Oct 12 Reply Retweet Favorite

Needless to say, he is absolutely correct... and it will be global.

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