INDEXING & TIPS: THE SAME OLD STORY
capitalspectator.com 8/18/2009 — Last week, The Wall Street Journal published a story explaining why Pimco, the behemoth bond fund manager, believes active management is preferable for running a portfolio of TIPS, or inflation-indexed Treasuries. According to the article, "Pacific ...

U.S. Treasury Opens Distressed-Debt Program Without Pimco
bloomberg.com 7/9/2009 — July 9 (Bloomberg) -- The U.S. plan to help buy as much as $40 billion in assets from banks got started almost four months after it was proposed and without Pacific Investment Management Co., the world’s biggest bond manager and an early supporter. ...

Actively Managed TIPS
advisorperspectives.com 8/23/2009 — When PIMCO talks, the market listens. Bill Gross, Mohammed El-Erian, and Paul McCulley provide consistently insightful, thought-provoking and entertaining market commentaries. As evidence of the power of their words, PIMCO’s forecast of a New Normal ...

PIMCO Manager On Being 'Fourth Branch' Of Government: Who, Us?
tpmmuckraker.talkingpointsmemo.com 4/7/2009 — A mere fortnight ago Bill Gross, who manages the world's largest bond fund PIMCO, was singing the praises of the Treasury Department's newly-unveiled Public Private Investment Program in the media, which the media in turn credited for the stock market ...

Pimco and Goldman Sachs exit Federal Reserve mortgage bond program
hf-implode.com 8/18/2009 — "The Federal Reserve Bank of New York plans to get along without the help of bond giant Pimco or Goldman Sachs Group as the central bank continues its massive purchases of mortgage-backed securities."

Fed needs to double balance sheet: PIMCO | U.S.
reuters.com 3/26/2009 — TAIPEI (Reuters) - Bond giant Pacific Investment Management Co said the Federal Reserve needs to double its balance sheet up to $6 trillion to replace the amount of wealth destroyed in the United States, an executive said on Thursday. Liabilities on ...

PIMCO Does Not Believe In Relative Value
hf-implode.com 6/22/2009 — "As for products, while PIMCO believes that fundamentals, technicals, valuations and policy support are all "positive" exclusively for Mortgage Backed Securities, in essence this is merely window dressing for justifying to investors (and the SEC) that after every 7 am conversation with Tim ...

ETF blowup continues
ftalphaville.ft.com 7/30/2009 — UBS's decision to suspend purchases of its leveraged and inverse ETFs on Monday came, we understand, largely on the advice of industry regulator Finra who in June stated : "...inverse and leveraged ETFs that are reset daily typically are unsuitable ...

Geithner's Gift To Pimco
globaleconomicanalysis.blogspot.com 4/2/2009 — Geithner's Heist America Plan is receiving words of self-serving praise from Pimco's Bill Gross. Indeed, Geithner’s Non-Recourse Gift Keeps on Giving to Bill Gross . Treasury Secretary Timothy Geithner’s plan to rid banks and markets of devalued ...

Geithner's Gift To Pimco
hf-implode.com 4/2/2009 — " Geithner's Heist America Plan is receiving words of self-serving praise from Pimco's Bill Gross. Indeed, Geithner’s Non-Recourse Gift Keeps on Giving to Bill Gross."

Auto Parts Industry Remains Resilient (PBY, AAP, AZO, ORLY, PRTS) — Investopedia.com Headlines 9/16/2009
Pep Boys' earnings came in higher on slightly lower revenue. The company's competitors did even better.

The car industry: Small isn't beautiful — The Economist: Full print edition 9/17/2009
Carmakers have escaped calamity. Now they face a big, long-term problem: people are moving to smaller vehicles BIG motor shows are good barometers of the car industry’s mood. Twelve months ago in Paris, in the wake of the collapse of Lehman ...

The car industry: Trouble down the road — The Economist: Full print edition 9/17/2009
Carmakers are recovering after a terrible year. But daunting long-term problems remain LAST December the boss of Fiat, Sergio Marchionne, predicted that the economic crisis would finally force the world’s car industry to confront ...