PIMCO’s Gross: U.S. At Risk of Losing Top AAA Rating

May 21, 2009

135

Bill Gross, manager of the world’s biggest bond fund, warned on Thursday the United States will eventually lose its top AAA credit rating, a fear that had already spooked financial markets on Thursday and could keep the dollar, stocks and bonds under heavy selling pressure.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

April Sees Biggest Yearly Job Loss in Recession

Luxury Strategy

staff-author

PIMCO’s Gross: U.S. At Risk of Losing Top AAA Rating

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

PHOTOS: More About Almond Surfboards

A Look at Chipotle Mexican Grill’s Brand History

Inside the $10M Sale of a Spanish Coastal Home in Lido Isle

Related Articles

PHOTOS: More About Almond Surfboards

A Look at Chipotle Mexican Grill’s Brand History

Inside the $10M Sale of a Spanish Coastal Home in Lido Isle

OC Unemployment Falls to 3.8% in March

Irvine Real Estate Firm Buys Luxury Hollywood Towers

Advertise With Us

About Us

Subscriber Links

Other Journals