PIMCO denies it of course...
MORE financial waste, fraud, and abuse
Here's where America puts it's money to work for them and for the CEO's and FOUNDERS to benefit handsomely just like the banks. Whether it's a BANK, HEDGE FUND, or MUTUAL FUND or another other financial instrument the founders make lots of money on your money as the system is in their favor to create even more money out of nothing.
Why can't WE THE PEOPLE just pencil in $10,000 once in a while into our checkbooks when we need it? We don't need HUNDREDS OF MILLIONS like these fund managers and bankers do:
...developing...
