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(Reuters)   PIMCO's mutual fund made a $10 billion profit by buying huge amounts of the same MBS that the Fed bought during its "quantitve easing" program. It's total coincidence that another division of PIMCO was hired to help the fed BUY those MBS's   ( divider line
    More: Unlikely, MBS, PIMCO, Federal Reserve, mutual funds, Fed Chairman Alan Greenspan, net investment, New York Fed, Mohamed El-Erian  
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464 clicks; posted to Business » on 27 Sep 2013 at 1:03 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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