Famed Investor Bill Gross Calls For Massive Taxpayer-Backed Mortgage Refinance Initiative

Famed Investor Bill Gross Calls For Massive Taxpayer-Backed Mortgage Refinance Initiative: "The head of the world's biggest bond fund, bemoaning the slow economic recovery, reignited debate Tuesday by publicly supporting a massive new refinance program currently roiling the mortgage bond market by describing it as a form of fiscal stimulus that wouldn't add to the deficit."