Percy Ranks Bill Gross Metaphors: September 2007

Bill Gross calls for a massive bailout of U.S. homeowners in his September 2007 "Investment Outlook."  He also cuts back on his use of metaphors from last month.  This month's top 5 metaphors:
  1. "And for those who would still have them eat some Wall Street cake as opposed to Midwest meat & potatoes . . . look at it this way: your stocks and risk-oriented levered investments will spring to life like the wild flowers in Death Valley after a flash flood."
  2. "Waldo morphs and becomes a man with a thousand faces."
  3. "70% of American households are homeowners, and now many of those that bought homes in 2005-2007 stand a good chance of resembling passengers on the Poseidon – upside down with negative equity."
  4. "The food chain in this case is not one of predator feasting on prey, but a symbiotic credit extension, always for profit, but never without trust and belief that their money will be repaid upon contractual demand."
  5. "They are wizards of complexity. I, however, having just turned 63, am a professor of simplicity."

 
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