October 9th, 2013
08:49 PM ET

Bill Gross: We haven't changed how we invest because of debt ceiling deadline

Bill Gross is one of the few people in the world who will actually determine what happens when and if the debt ceiling is breached.

The Treasury watches what he does.

He's not a politician.

But he does control a lot of your money - your pension, your 401k.

Nearly $2 trillion worth.

Outfront: Bill Gross, Founder and co-CIO of PIMCO, the world's largest bond fund.

Filed under: Debt Ceiling • News
soundoff (One Response)
  1. Joey at Purdue Univ

    Bill Gross is a bawse. Had no idea that Treasury was taking in $300 bn/mo vs. a $40 bn/mo interest payment...

    Learn something new every day.

    BTW, Erin is a pretty hot mom.

    October 10, 2013 at 12:31 am | Reply

Leave a Reply to Joey at Purdue Univ


CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.