Live-Blogging The Jeffrey Gundlach Press Conference (UPDATE)

Author:
Bess Levin
Updated:
Jan 14, 2019
Original:
Sep 24, 2012

4:00-4:05 Either people who have never taken part in a conference call are participating today and pressing buttons on their phone every five seconds or someone is thrusting someone else up against their office phone over and over and over again.
4:06 Gundlach is offering $1 million for information leading to the return of each stolen piece of the Mondrian and $500,000 for the Jasper Johns and Joseph Cornell pieces. $200,00 for information in general still stands.
4:07 Buttons are still being pressed, now sirens in the background. Shouts of "what the fuck is going on here" are heard.
4:08 Talking Heads' "This Must Be The Place" is now playing (over the sirens).
4:10 Someone is still tapping their pound key and while no one officially ends the call, Gundlach/whoever is running this seem to have lost interest and leave without saying good-bye.

Update: Doubleline has released images of all the pieces Gundlach is willing to pay money for, "no questions asked," if you're looking to solve some crime (there is also an anonymous tips line, 1-800-78-CRIME, and website, www.wetip.com).

Gundlach Rewards [PDF]

As you may have heard, at some point last week, bond manager Jeffrey Gundlach was robbed. Thieves took $10 million worth of stuff from the Doubleline founder's Santa Monica pad, including a couple of paintings, a few watches, some high-priced wine, a 2010 Porsche Carrera 4S, and whatever cash was lying around. While it's unclear if the burglars made away with Gundlach's collection of priceless pornographic films and sexual apparatus; if he was targeted specifically because the thieves knew they could get their hands on the original copy of Dr. Fellatio 16; or if they were tipped off by JG's regular pizza delivery guy, cable repairman, or pool boy, what is clear that Gundlach is pissed, pissed like a man who is no longer in possession of Ass Traffic Volume 2: The Director's Cut. And that's where you come in. Mr Gundlach has reportedly offered a $100,000 reward for the return of his property. $1,000 is also being offered for information leading to the arrest and conviction of those who carried out the raid, according to Santa Monica police. And to the burglars, if you're reading this, Gundlach will see your asses in court (the real kind, unless you want to settle this in Bondage Nookie Court in which case, get in touch with this lawyer). Multimillionaire financier victim of $10-million heist [LA Times] Thieves snatch $10million haul of fine art, jewellery and a Porsche from home of wealthy banker dubbed the 'Bond God' [DM] Related (...?): Jeffrey Gundlach NOT Set Up By TCW, Big Fan Of “Dr. Fellatio” Series

December 7, 1941. November 22, 1963. December 4, 2009. All dates of such historical and cultural significance that if you asked someone where they were that day, they'd surely be able to tell you. Because they weren't just any old days; they were moments when everything changed. The bombing of Pearl Harbor; the assassination of JFK; and, perhaps most importantly, the firing of Jeffrey Gundlach from the TWC Group, which had taken issue with his decision to start his own firm, and choose to express that anger by first escorting him out of the building and second raiding his offices, where they found an amount of adult films and sexual devices that suggested Gundlach was operating an online wholesale sex shop distributor and keeping the inventory at work. TCW also sued its former employee and at the time, rather than roll over and take it which is something he would never do, Gundlach vowed to fight back and clear up the misconception that TCW was the victim in the situation. On the contrary, JG told people, the real victim was US taxpayers who were "promised" Gundlach's services and had to settled for a subpar bond manager when his relationship with the firm was terminated. Gundlach ultimately emerged victorious* and perhaps even more satisfying to The Pope was the number of TCW employees and clients who followed him en masse to his new company, the aptly named DoubleLine Capital. We're not sure how you celebrated last night's hugely significant anniversary, but we do know how Gundlach did:

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