Relevant:
- Pimco's Bill Gross Will Be Panelist at Obama's Conference on U.S. Housing
- Obama Administration details panelists and sessions for next week's Conference on the Future of Housing Finance
- Consensus Emerging for Future of Housing Finance
- The Government Is Preventing Private Housing Finance
- Pimco's Gross: Fannie, Freddie Mortgages 'Excellent Video'
2010-08-18 — bloomberg.com
"“To suggest that there’s a large place for private financing in the future of housing finance is unrealistic,” Gross said today at a U.S. Treasury Department conference in Washington. “Government is part of our future. We need a government balance sheet. To suggest that the private market come back in is simply impractical. It won’t work.”"
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Comments:
Mr. X at 09:33 2010-08-18 said:
Of course Billy wants full nationalization. He and his clients for year have gorged on GSE bonds and he will preserve that portfolio at all costs. Permalinkadd a comment | go to forum thread
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