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Pimco seeks $5 billion to buy distressed debt: Bloomberg

 
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Deuel
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Joined: 01 May 2006
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PostPosted: Wed Aug 27, 2008 3:22 pm    Post subject: Pimco seeks $5 billion to buy distressed debt: Bloomberg Reply with quote

Pacific Investment Management Co, the manager of the world's biggest bond fund, is seeking as much as $5 billion to buy mortgage-backed debt that has plunged in value due to the subprime crisis, Bloomberg ...

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