Mohamed El-Erian, chief executive officer of Pimco, gives Tim Geithner and Ben Bernanke an “A” for their efforts to revive credit markets. Geithner and Bernanke deserve just a “B” for results because “it’s very difficult to get it right,” El-Erian said in an interview from Pimco’s headquarters in Newport Beach, California. [Bloomberg]
By editor Jul 10, 2009, 2:36 AM
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