Bill Gross: My Hat Is Off to S&P

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Bill Gross, who runs the world's biggest bond mutual fund at Pacific Investment Management Co., appeared on Bloomberg Television's "Downgrade: A Special Report" live Sunday night special with Tom Keene.

Gross said the U.S. has "enormous" problems and that the dollar is vulnerable. He also said “his hat is off” to S&P for “demonstrating some spin.”

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