Comments on: Is Bill Gross Running for President? http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/ Mutual Funds, Investing, Retirement, Economy, Personal Finance Sun, 14 Mar 2010 04:37:13 +0000 http://wordpress.org/?v=2.3.1 By: WealthFly » Advisor Blog: Fundmastery http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-432 WealthFly » Advisor Blog: Fundmastery Fri, 28 Dec 2007 18:58:50 +0000 http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-432 [...] Is Bill Gross Running for President? [...] […] Is Bill Gross Running for President? […]

]]> By: Kurt Brouwer http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-158 Kurt Brouwer Fri, 24 Aug 2007 02:44:51 +0000 http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-158 Jeopardy--Pimco Total Return is a great bond fund and it has done pretty well this year--avoiding the subprime troubles quite neatly. Now, they are in fact doing some bargain hunting as we covered in the earlier post on Bill. Jeopardy–Pimco Total Return is a great bond fund and it has done pretty well this year–avoiding the subprime troubles quite neatly.

Now, they are in fact doing some bargain hunting as we covered in the earlier post on Bill.

]]> By: Kurt Brouwer http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-157 Kurt Brouwer Fri, 24 Aug 2007 02:42:41 +0000 http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-157 Brad--great point. I never thought about credit cards for high risk borrowers in the context of the subprime mess. Most financial innovations get overdone at first and then once everyone figures out how they work, they become routine. Brad–great point. I never thought about credit cards for high risk borrowers in the context of the subprime mess.

Most financial innovations get overdone at first and then once everyone figures out how they work, they become routine.

]]> By: Brad S http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-156 Brad S Thu, 23 Aug 2007 23:57:10 +0000 http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-156 You know, back around this time 7-10 years ago, people were up in arms over Subprime Credit Cards and how borrowers were heading for the bankruptcy courts in record levels. Well, a funny thing happened before 2005's Bankruptcy Reform Act: the card issuers reworked their basic business model, making the end borrower take more of the risk in fees. Currently, the delinquency rate for Subprime Credit Cards is LOWER than that of Subprime Mortgages. I say let the new holders of those newly cheap CDOs reap the eventual benefits of what has become a more reliable source of revenue than people give it credit for. You know, back around this time 7-10 years ago, people were up in arms over Subprime Credit Cards and how borrowers were heading for the bankruptcy courts in record levels. Well, a funny thing happened before 2005’s Bankruptcy Reform Act: the card issuers reworked their basic business model, making the end borrower take more of the risk in fees.

Currently, the delinquency rate for Subprime Credit Cards is LOWER than that of Subprime Mortgages. I say let the new holders of those newly cheap CDOs reap the eventual benefits of what has become a more reliable source of revenue than people give it credit for.

]]> By: jeopardy http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-155 jeopardy Thu, 23 Aug 2007 20:35:21 +0000 http://www.fundmasteryblog.com/2007/08/23/is-bill-gross-running-for-president/#comment-155 Good article. I have a feeling that either he is in trouble himself or he has already done his bargain shopping. Probably the latter. Good article. I have a feeling that either he is in trouble himself or he has already done his bargain shopping. Probably the latter.

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