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Friday, April 27, 2012 - 1:37pm
PIMCO's El-Erian: U.S. Economy Having Difficulty Gaining Traction
Bloomberg TV's Betty Liu spoke with Mohamed El-Erian of PIMCO, who said that the Federal Reserve is likely to provide additional assistance if the economy weakens further, but there is "no immediate need" to do so. El-Erian also said that the U.S economy needs to add 250,000 to 300,000 jobs every...
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PIMCO's Mohamed El-Erian Comments on Eurozone Situation on CNBC
Wednesday, February 22, 2012 - 11:18amPIMCO's CEO Mohamed El-Erian just appeared on CNBC, and gave his outlook on the Eurozone and the broader global economy. On Greece, he said that there was still too much debt and not enough growth. Greece will need another agreement in the future. He characterized the recent deal as something, but...
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PIMCO's El-Erian: ECB Waiting for IMF, Governments to "Step Up"
Thursday, December 8, 2011 - 2:03pm
PIMCO CEO and co-CIO Mohamed El-Erian spoke to Bloomberg Television's Betty Liu about Europe's crisis and said that the ECB is waiting for governments and the IMF to "step up" before taking further action. El-Erian also said that PIMCO's investment tone is to "be careful" and that the bond fund is...
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PIMCO's Mohamed El-Erian On Bloomberg Television: U.S. Economic Conditions Are "Terrifying"
Tuesday, November 22, 2011 - 3:49pm
Pacific Investment Management Co.'s Chief Executive Officer Mohamed A. El-Erian told Bloomberg TV's Betty Liu and Dominic Chu this morning that U.S. economic conditions are “terrifying” as the nation struggles to recover from recession. El-Erian also said the odds of the U.S. returning to recession...
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Bloomberg Television Exclusive: PIMCO's El-Erian & Gross Joint Interview
Monday, November 14, 2011 - 5:28pm
PIMCO's Mohamed El-Erian and Bill Gross spoke exclusively with Bloomberg Television's Tom Keene today from the company's headquarters in Newport Beach, CA about Europe's crisis, PIMCO's investment strategy and Treasury yields. Gross says that Europe can turn around its crisis, but “they have to...
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Stocks Drop To Lowest Levels Of The Session
Thursday, August 25, 2011 - 3:04pmStocks are at the lowest levels of the session, with a good chunk of the down move coming in the last few minutes. At last check, the Dow was off 170 points, the NASDAQ is off 48 points, and the S&P 500 is off 17 points.
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PIMCO Chief Expects Greek Default, More Problems for Europe
Wednesday, June 22, 2011 - 6:32amThe chief executive of prominent bond fund PIMCO, Mohamed El-Erian, expressed his doubt Wednesday about the prospects for debt-ridden Greece and beyond. "For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it...
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PIMCO CEO: Policy Makers Must 'Get Better at Understanding the Challenges'
Thursday, June 9, 2011 - 6:59amMohamed El-Erian, CEO of PIMCO, challenged policy makers to step up their problem solving skills in an Op-Ed piece posted on CNBC.com Wednesday. "To counter both the hesitancy and the trend towards greater “self insurance,” policy makers must get better at understanding the challenges and...
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PIMCO's El-Erian: Probability Of Greece Defaulting "Has Gone Up" Due To IMF Scandal
Tuesday, May 17, 2011 - 12:04pm
PIMCO's Mohamed El-Erian spoke to Bloomberg TV's Betty Liu this morning. El-Erian told Bloomberg Television that the probability of Greece defaulting or restructuring its debt has increased since the arrest of IMF head Dominique Strauss-Kahn. Highlights of the interview can be found below, the...
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Tuesday, May 3, 2011 - 1:32pm
Even in Death, Did Osama Bin Laden Win?
Despite the shot tweeted ‘round the world, is it fair to view the death of Osama Bin Laden as the highpoint in an eventual victory over Al Qaeda? Bin Laden's own stated goals suggest that the victory may be more Pyrrhic than the U.S. government is willing to admit. In 2004, Bin Laden released a...
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