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Not sure how Mr. Jeff is working around this for the fund, versus what he thinks he sees. He surely is a very smart fella; regardless of anything else written or implied about his being.
The second...longer presentation at the NY Yacht club is very revealing...Dexia (Belgian bank), Unicredit (Italian Bank), and Intesa Sanpaolo (Italian bank)...big holders of Greek debt.
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Not sure how Mr. Jeff is working around this for the fund, versus what he thinks he sees. He surely is a very smart fella; regardless of anything else written or implied about his being.
http://www.businessinsider.com/jeff-gundlach-everyone-is-missing-the-quiet-crash-in-mortgage-bonds-2011-10
A very short write with a clickable link near the end, for Mr. Gundlach's statements.
Regards,
Catch
Thanks Catch,
The second...longer presentation at the NY Yacht club is very revealing...Dexia (Belgian bank), Unicredit (Italian Bank), and Intesa Sanpaolo (Italian bank)...big holders of Greek debt.
http://www.businessweek.com/news/2011-10-15/pimco-s-gross-tells-clients-2011-a-stinker-as-main-fund-trails.html
There is a ton of great info on the slides in that yacht-sters presentation.