Back in January, when Jeffrey Gundlach was fired from TCW, his bosses sort of assumed that everyone would be happy to see the guy go. He was known to ask dining companions, “What’s it like having lunch with a genius” and he forced people to refer to him as “The Godfather” and “The Pope.” Sure, he had some good qualities (Gundlach collected the finest dildos from all over the world, had an entire library of porn in his office, including all the classics– A Trip Down Mammary Lane and the full Dr. Fellatio series, and was a stoner and a gifted drummer), but management just figured JG’s ego had grown too big to handle, and thought that everyone would be happy to say good riddance. Oh, how wrong they thought.
TCW proved inept in its efforts to stanch the turmoil caused by Gundlach’s departure. On the rainy Monday morning after he was fired, TCW employees gathered in conference rooms for a companywide conference call. CEO Stern told his troops that the downpour was a sign of renewal, and that TCW would emerge as “a firm that has respect for everyone within the firm.”But Day, TCW’s founder and chairman, was less temperate in his remarks. He told the employees that he had been through this before — i.e., with Marks — and that there was no other choice. “It sort of reminds me a bit of General Washington crossing the Delaware,” he said. “The general was in the back of the boat. It would be like a soldier getting up, trying to rock the boat, expecting to sink the boat. His choices are very simple. You shoot the soldier. You throw him off the boat.”
After a pause, nervous laughter emanated over the speakers. Some of Gundlach’s former colleagues were horrified. A few started crying. Others walked out. “Whatever people may say about [Gundlach], here’s a guy that has been working for his company for over 20 years and has made a lot of money for investors,” says Luz Padilla, a fund manager at the company. “After that call, I was just incensed.”
By this point scores of former TCW have chosen the DP-friendly environment Gundlach created at his new firm, DoubleLine, as have many a former TCW client. Others may have sided with Gunds for his ability to consistently make it rain (though, really, the Weapons of Ass Destruction and Swallow My Pride 2 DVDS, which you can’t find anywhere anymore, were mostly the main draw). And the chance to be around a guy who tells stories like this.
An interview with Jeffrey Gundlach is less like conversation than like listening to a manic stream-of-consciousness monologue. Consider Gundlach’s description of his aborted stint in a math Ph.D. program at Yale (after getting an undergraduate degree in the same subject at Dartmouth): “It was a four-year Ph.D. deal. And they gave me a full scholarship, and it was very hard to get into. There were only seven people accepted, and they had hundreds of applicants. And one of the guys, he was Korean, he had come in via Toronto. I was the only American left. The other American had flunked out. There was a Chinese guy who had polio. That guy was smart. That guy was something else. He had crutches. He had horrible dandruff. He never took a shower, but he was one smart motherf—-r, let me tell you. That guy is probably the smartest guy I ever met in my life. And he was my friend. I was the only guy he would be friends with, and there was this other guy, this Korean guy out of Korea, out of Toronto, and I didn’t like him very much, and I was walking down the street, and there he was. It was like, ‘Hey, Jeff!’ They called me Jeff in the day. ‘Hey!’ You know, good to see you. I was Ike — I had this really heebie-jeebie feeling, and he goes, ‘Let’s go to the bookstore and get our books.’ And I was like, ‘Uh, I don’t know.’ And he was like, ‘What do you mean?’ I said, ‘Uh, I don’t know.’ And it hit me right then. I said, ‘I’m not going back. I’m not doing it. I can’t do it. This is pointless.’ “
Firing The $70 Billion Man [Fortune]
talk about racist.
Hey, Jeff!’ They called me Jeff in the day. ‘Hey!’
@1 – Which part? Seemed innocuous to me.
@1 – Why? Seemed innocuous to me.
Does he have a mild case of Downs Syndrome?
‘this Korean guy out of Korea’
“Let’s go get our books.” That’s what creeped him out. You do not go into a pornshop with another man. It’s not done.
I mean, unless you’re going to the gay section. Then, sure, maybe.
@2 I was just thinking what a wild a crazy bunch of kids to give one of their college friends, Jeff, the nickname of…… Jeff!
speaking of DP where is TC? i miss her “spunk”
…and so I tied an onion on my belt, because that was the style at the time.
I didn’t know Chinese guys played polo.
Is he really 50? He looks like a retarded 30.
First Bloomberg making fun of him and now CNN. Sure they call him mathematical and successful, but also deplorable and an egotist of the worst kind. Ego does not a man make. And the conversation makes you laugh also “I was like and he goes and I was like and he goes.” What an idiot. Doomed. Should have never crossed that DoubleLine. Going to bearing wearing doublelines now, as in a striped jumpsuit
Bess,
Who won the Caesar’s gig?
He did NOT say “uh, I don’t know.” OH NO HE DI’INT.
@16 it takes a lot of courage to admit you don’t know something. especially when you’re a g_d-damned genius.
Who said: “I want you to gundlach me untill I spitzer”?
a) MW
b)
c) Double Cs
d) EC
b) *me*
- ping
OK – WTF does this mean:
“Forbidden
You don’t have permission to access /wp-content/cache/supercache/dealbreaker.com//index.html on this server.”
I believe I hit the “Home” tab, but this makes it sound like I was trying to break into the super-de-super secret IT room and distract the hamsters from their wheels.
TC is spunky because she has Cluzo’s DNA in ‘her’. When will you people wake up and see the truth?
DoubleLine Mondrian “Neoplasticity” one could go in so many different directions with this. Latin origins “new plastic”. That fits alot of ways, he looks like a reject from the male “real doll” assembly line.
And I didn’t like him very much.
And I didn’t like him very much.
Mondrian is overrated. To each his own, I guess.
Wonder if Mondrian had stainless steel dildos or woooden ones
@ 24- expression is ” each to his own”.
@26. You’re wrong.
http://www.yourdictionary.com/idioms/to-each-his-own
to each his own idiom
One has a right to one’s personal preferences, as in I’d never pick that color, but to each his own. Versions of this maxim appeared in the late 1500s but the modern wording was first recorded in 1713.
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
@27 – thank you.
From the unpublished comments of Lucas Von Prigg:
“I’d go on a picnic with Gundy but I’m afraid of his reaction to my plaid thermos.”
It’s not proper english ” to each his own”
It’s not proper english ” to each his own”
-26
Jeebus, how much does this guy manage? I wouldn’t give him a frackin’ nickel after reading that.
@30 – You’re right. It’s only been in common usage for 300 years.
Hey, who knew Gundlach palled around with Asian FDR. Doctor, a blanket for two, please.
-Henny Youngman
@30/31 It’s not correct english “proper english”
@35 If you were truly a Nazi you wouldn’t be citing the Oxford Engligh Dictionary.
Then I had to leave my PHD and school and run down seventeen flights of stairs to get away with this Korean guy from Korea and a Chinese guy on crutches who doesn’t take showers chasing me all the way down. Good thing I watched Lifestyles of the Rich and Famous. Um I don’t know, its just a pointless story.
JG
@36
Noun. 2. nazi – derogatory term for a person who is fanatically dedicated to, or seeks to control, some activity, practice, etc.
You’re welcome.
Who knew bonds were so exciting?
Exciting because its a rare day you get a blend of this type of egomaniac and a grammar maniac in the same forum…..sorry grammar nazi that is
each to his own means something completely different you retard.
each to his own = masturbation
@ 35- FUCK YOU
-26
@GN #38
Sentence fragment.
@ 33- We learn new things every day.
-26/30
The picture in the print (online) edition goes out of it’s way to get his “good” side. I.e. The side that didn’t get bytch slapped by his mistresses husband. Does the possesive “mistresses” have an apostrophe?
Jeffrey Gundlach AKA former F1 ace Mika Hakkinen.
Mistresses as in plural perhaps though.
8X28Lu I cannot thank you enough for the post.Really thank you! Want more.
Really enjoyed this article post.Much thanks again. Fantastic.
Thanks for sharing, this is a fantastic article post.Much thanks again. Really Great.
Thank you for your blog post. Want more.
Thanks for sharing, this is a fantastic blog article.Much thanks again. Will read on…
Thanks for the blog article.Much thanks again. Fantastic.
Enjoyed every bit of your article post.Really looking forward to read more. Much obliged.
I really enjoy the article.Really looking forward to read more. Will read on…
A round of applause for your blog. Will read on…
Muchos Gracias for your blog article.Really looking forward to read more. Really Great.
Im obliged for the blog article. Really Cool.
I really liked your blog article.Much thanks again. Want more.
Enjoyed every bit of your article.Thanks Again.
Looking forward to reading more. Great blog post.Much thanks again. Fantastic.
Thanks a lot for the blog article.Really looking forward to read more. Fantastic.
I think this is a real great blog. Cool.
Thank you for your article.Really looking forward to read more. Want more.
Appreciate you sharing, great blog.Really thank you! Keep writing.
I appreciate you sharing this article post.Thanks Again. Fantastic.
Great blog.Much thanks again. Want more.
I think this is a real great blog post.Really thank you! Want more.
Thanks so much for the blog.Thanks Again. Really Great.
Thanks again for the blog article.Really looking forward to read more. Awesome.
Thanks-a-mundo for the blog post. Want more.
Very neat article post.Really looking forward to read more. Much obliged.
Im thankful for the article post.Really looking forward to read more. Keep writing.
Hi there! I simply wish to give an enormous thumbs up for the great info you might have right here on this post. I shall be coming back to your blog for more soon.