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JRS| 6.4.09 @ 11:14AM
I know most will disagree, but Gross has a good letter. Obviosuly our current policies are costly, but so was the past 8 years.
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/IO+June+2009+Staying+Rich+in+the+New+Normal+Gross.htm