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Bill Gross Called an 'Oddball,' in Fed Transcript

From bloomberg.com

Richard Fisher, a Federal Reserve official, called billionaire investor Bill Gross an “oddball” at a 2006 meeting -- then asked to have the remark withheld from a transcript that was released today by the Fed. “I’ve known Gross for 20 years, and I know he’s an oddball,” Fisher, president of the Federal Reserve Bank of Dallas, said at the Oct. 24-25, 2006 meeting. “Actually, I’d like that word struck from the record.” Fisher was worried that investors weren’t taking the central bank’s inflation-fighting resolve seriously. One example of his concern, expressed at the Federal Open Market Committee (FDTR) meeting, was a ... (full story)

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