Sep 29/14 – Yes you probably are such a jerk
On Friday the bond market was rocked by the news that the original bond King himself, Bill Gross, was leaving PIMCO to join Janus.
Over the last couple of years, the “Beach”, which is the broker nickname for Newport Beach based PIMCO, has been going through its fair share of problems. The famous infighting between Gross and Mohamed El-Erian was fodder fo…