Monday, November 23, 2009

Payback Time - Wave of Debt Payments Facing U.S. Government - Series - NYTimes.com


http://www.nytimes.com/2009/11/23/business/23rates.html?_r=1

Some of my favorite quotes:


"The government is on teaser rates," said Robert Bixby

"What a good country or a good squirrel should be doing is stashing away nuts for the winter," said William H. Gross, managing director of the Pimco Group, the giant bond-management firm. "The United States is not only not saving nuts, it's eating the ones left over from the last winter."

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