On September 8, bond guru Bill Gross's Pimco Total Return Fund gained 1.3 percent, netting something like $1.7 billion in a single day on mortgage bets placed before the government took over lenders Fannie Mae and Freddie Mac.
Yesterday, the fund lost 1.4 percent, its biggest drop in more than three years, on AIG's failure, according to Bloomberg.
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pete of TX 10:04PM September 22, 2008
RM of NY 2:21PM September 18, 2008
of VA 5:38PM September 17, 2008