The rivalry between two of the biggest names in the multi-trillion dollar global bond market, Bill Gross and Jeffrey Gundlach, has gotten more than just personal - after one appears to have claimed he was asked to take the other's job..."PIMCO wants me to succeed Gross," consultant Roger Brossy, in court testimony, recalled Gundlach saying in early 2009. And in a similar vein, Michael Conn, the executive assistant to TCW CEO Marc Stern, said in August 2009 that Gundlach remarked "that PIMCO would love to have him as a replacement for Bill Gross." [Reuters]
Jeff Gundlach Thinks You’re All Acting Like A Bunch Of Bill Grosses
The Treasury-shorting sheep are gonna get sheared.