This Is Why Jeffrey Gundlach Is Awesome
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.
As previously mentioned, Gundlach admits to "frequently" referring to himself as The Godfather or The Pope in emails and "occasionally sends reprimands to those who fail to use the monikers in addressing him.” He's also asked people "what's it like having lunch with a genius" (the genius being he, natch), and told Bloomberg, “I’m the guy who makes it rain in the desert.”
So it shouldn't come as much of a surprise that in response to the press reports that the Justice Department is probing Gundlach's breakup with TCW (specifically, the firm's ensuing drop-out of the PPIP program) and TCW's comment that it has been informed it, and not JG or DoubleLine, is the victim, that Gundlach and his people had this to say:
In recent press statements, TCW’s representatives claim that TCW is “the victim”. DoubleLine believes that the real victim is the U.S. taxpayers who were promised Jeffrey Gundlach as the key man to manage their funds while TCW was conspiring for months to fire Jeffrey and replace him with a manager that they did not want.
Sorry, people of America. We know how badly you wanted a piece of this.
Statement from DoubleLine and Jeffrey Gundlach [DoubleLine]
