Bill Gross

He might be on the Forbes list of billionaires with a net worth of $1.3 billion and he may appear frequently in the financial media, but Pimco's Bill Gross doesn't have a grasp of how much "trillions" are. Gross recently called for a massive government intervention or face certain catastrophe.  "This economy requires support from the government, a check from the government in some form or…

Socialist thinking can often pop up in the most unexpected places. One of the “most powerful bond investors in America” is calling for a full-fledged government bailout of homeowners who are struggling to pay their mortgages. Pimco Chief Investment Officer and founder Bill Gross thinks the Fed and monetary policy need to step aside for direct government intervention by President George Bush…