MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 12, 2011 Gross on the '99 Percent': Of Course They're Fighting Back Last week, it was Larry Fink. Now, another big name in the asset management industry has expressed understanding for the anti-Wall Street protests. Pimco co-founder and co-CIO Bill Gross tweeted yesterday: "Class warfare by the 99%? Of course, they're fighting back after 30 years of being shot at." Gross' tweet, which was picked up by Bloomberg, came days after BlackRock's CEO was quoted by the wire service as saying: "These are not lazy people sitting around looking for something to do. We have people losing hope and they're going into the street, whether it's justified or not … People are afraid of the future. We have some structural issues we have to fix." Printed from: MFWire.com/story.asp?s=38032 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |