look into the large percentage that most of the PIMCO funds are stuffed with MBS.
These MBS are stil fouling the system.
Someone at PIMCO thought they could be above it....lol.
JP Morgan is in hotwater now for this, it never ends with the men who call stealing your mone, the game".
What do you expect if the SEC and the us government can not help us since they are a part of the problemn.