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Pimco’s Stracke Says Some Complicated Debt Echoes Subprime MBS

Some investors aren’t getting paid enough to take the risk they’re shouldering when they buy complicated and increasingly popular products like collateralized fund obligations, according to the president of Pacific Investment Management Co.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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