Monday, January 28, 2013

Errors of Commission and of Omission

Bill Gross in this video.
1974 - Passed on lending to this weird company called Berkshire Hathaway
1974 - Passed on lending to this small town retailer called Walmart
1974 - Okayed a loan to a company called Itel which went bankrupt in 6 months

Hilarious.

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