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01-05-2011, 09:08 PM #1
AirborneSapper7

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Pimco's Gross: US May Lose Top Rating Over Mindless Spending

Pimco's Gross: US May Lose Top Rating Over 'Mindlessâ€™ Govt Spending

Wednesday, 05 Jan 2011 02:48 PM

Pacific Investment Management Co.â€™s Bill Gross said investors should favor emerging-market corporate and sovereign debt as â€œmindlessâ€
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