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Pimco Seeks Up to $5 Billion to Buy Distressed Senior Mortg

 
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Deuel
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Joined: 01 May 2006
Posts: 4779
PostPosted: Wed Aug 27, 2008 3:22 pm    Post subject: Pimco Seeks Up to $5 Billion to Buy Distressed Senior Mortg Reply with quote
Pacific Investment Management Co., the biggest manager of bond funds, is seeking as much as $5 billion to buy mortgage-backed debt that plunged in value after the subprime market collapsed, according to two ...

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