Prop. 71 Fallout: Bond Guru Assails California Voter Initiatives
Bond maven Bill Gross kicked off October by lashing out at California's “perverted” form of government including ballot measures such as Prop. 71, which he said have have “almost tragically shaped” the state's laws.
Gross made his remarks in his monthly commentary, which is widely followed in the financial community. The Southern California resident is t…
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