It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Libertas on September 26, 2014, 09:26:42 AM

Title: Bill Gross, under scruitiny by regulators, bails on PIMCO and goes to Janus
Post by: Libertas on September 26, 2014, 09:26:42 AM

http://finance.yahoo.com/news/bill-gross-leaves-pimco-janus-132822630.html?l=1 (http://finance.yahoo.com/news/bill-gross-leaves-pimco-janus-132822630.html?l=1)

Falling out among the PTBs, what a shame!   ::smallestviolin::

I guess managing the Janus Global Unconstrained Bond Fund is greener pastures!   ::hysterical::

The ZeroHedge coverage:

http://www.zerohedge.com/news/2014-09-26/bill-gross-effect-german-stocks-european-bonds-us-credit-markets-are-plunging (http://www.zerohedge.com/news/2014-09-26/bill-gross-effect-german-stocks-european-bonds-us-credit-markets-are-plunging)

I like what Doc says - "Like I said earlier, I'm surprised by this reaction because everybody I know hs been pulling funds from Pimco due to the fact they believe Bill Gross has lost his mind." Dr Engali

People have been thinking that for some time...

http://www.zerohedge.com/news/2014-09-26/bill-gross-quits-pimco-which-he-co-founded-joining-janus (http://www.zerohedge.com/news/2014-09-26/bill-gross-quits-pimco-which-he-co-founded-joining-janus)

Methinks this Janus up nonesense won't last long...

http://www.zerohedge.com/news/2014-09-26/pimco-heres-what-it-owns (http://www.zerohedge.com/news/2014-09-26/pimco-heres-what-it-owns)

El-Erian will straighten PIMCO out, yeah, that's the ticket...

 ::hysterical::

Blooberg says El-Erian will not go back to PIMCO...so chances are he will.

Whatever...

Market participation...   ::laughonfloor::