“Gundlach was found today to have breached his fiduciary duty to TCW and misappropriated its trade secrets.The Los Angeles jury awarded the company no damages on the breach claim…The jury found that Gundlach and DoubleLine didn’t act willfully and maliciously in misappropriating trade secrets.” [BW, earlier]
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Jury Rules Jeffrey Gundlach Used Trade Secrets Snuck Out Of TCW In Secretary’s Bra, Though Not In A ‘Malicious’ Way
By Bess Levin
Jeffrey Gundlach is a hugely talented man. The bond manager, who is currently being sued by his former employer for alleged theft of proprietary information that he snuck out of the office in a secretary’s bra, can do it all. In addition to being, as he’s previously stated, “The guy who can make it rain the desert,” Gundlach is a self-described genius (who once asked a colleague, “What’s it like having lunch with a genius?”), a modern art expert, a dildo collector, an adult film critic, and a guy who’s got a legitimate shot at becoming an auctioneer at Christie’s or an announcer at the Greyhound Classic, which is the Kentucky Derby of dog graces. What you may not have known about Gundlach is that he is also a budding thespian, whose speciality is impressions of French guys that used to be his boss. Continue reading »
“His team stole 9 million pages of documents. If you stacked them up, that’s 2.5 Empire State buildings…we’ve got forensic experts, people who examined the computers, people who will testify to some of this. That 9 million pages is based on our examinations of the computers, of the downloads, of the printings. And they snuck it out the building. They told secretaries, ‘sneak this out.’ They had a young woman putting it in her bra.”– TCW attorney Susan Estrich [CNBC, earlier]
A lot people would probably tell you that bond investor Jeffrey Gundlach’s awesomeness stems from the staggeringly impressive sex toy and porn collection he kept in his office at TWC before he was fired/quit last year (itemized here). And while being Wall Street’s foremost dildo collector and having the entire Dr. Fellatio series, as in volumes 1-16, on hand is certainly something to admire someone for, it’s not actually the attribute that defines Gundlach or makes him stand out from the pack. Arguably, JG’s most defining characteristic– the one that just makes you want to squeeze his cheeks– is how much Jeffrey Gundlach loves himself some Jeffrey Gundlach. Continue reading »
According to an updated federal filing on Monday, the Justice Department has taken an interest in the split between investment firm TCW Group and its former CIO, Jeffrey Gundlach. While DoubleLine has confirmed that “some employees and former employees have been interviewed by the office of the U.S. attorney in Manhattan” and TCW has confirmed it received a subpoena and was informed “it is the victim in this particular matter,” it’s unclear exactly what aspect of the breakup the government is suspicious about. With so much to choose from it could be a) “the alleged theft of TCW’s information” by Gundlach, who left to start DoubleLine LLC b) whether or not government information related to a PPIP fund TCW dropped out of after Gundlach departed was “compromised” or c) if the items found in Gundlach’s office after he quit/was fired constituted an unfair edge, which they very well might have. To refresh, these items included:
DVDs:
Asian Office Sluts
Weapons of Ass Destruction Continue reading »
Jeffrey Gundlach’s Milkshake, Sex And Drug Paraphernalia Bring All The Investors To The Yard
By Bess Levin
Suck it, TCW. No, really. Do it.
Congratulations are in order for Jeff Gundlach and the DoubleLine Team! In addition to being ranked number one globally in asses (on tape), the new firm has gathered the most assets among 2010 fund launches. Naturally this calls for a celebration and a screening of Ass Traffic Volume 2 at the office would probably be most fitting, if anyone has a copy lying around. Continue reading »
Here’s your hint: the question came from someone not only known by colleagues as a dick, but a lover of dick as well. Chrome, rubber, glass, whatever. Okay, guess.
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