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09-02-2011, 05:31 PM #1
AirborneSapper7

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Pimcoâ€™s El-Erian: US Economy Is â€˜Grim And Scaryâ€™

Pimcoâ€™s El-Erian: US Economy Is â€˜Grim And Scaryâ€™

Friday, 02 Sep 2011 01:00 PM
By David A. Patten

Following Fridayâ€™s report that zero jobs were generated in the month of August, Pimco investment firm CEO Mohamed El-Erian called the condition of the U.S. economy â€œgrim and scary.â€
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