Gross Interest
Price paid for the use of capital which includes the sum to cover the risk involved and a sum to cover costs incurred in making the loan.
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Pimco's Bill Gross Bids Farewell To 'Old Capitalism'
When Bill Gross talks, the government listens. As manager of the world's largest bond fund, Gross explains what the government needs to do to tackle the financial meltdown. He also says capitalism, as we've known it for the past 30 years, has changed forever....
10/23/2008 1:00:00 PM
NPR Topics: Business
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