Fox Business Senior Boombox Correspondent Infiltrates Pimco Trading Floor


Charlie Gasparino, live from the DJ booth:

In addition to the scramble to convey a sense of stability to the investment world, and find bank lines of credit to meet redemptions, Pimco executives have engaged in a little gallows humor. At the end of the day on Friday, on the trading floor at Pimco’s New York City office, executives blasted the Paul Simon classic “50 Ways To Leave Your Lover,” and REM’s “It’s The End Of The World As We Know It.”

Pimco Braces for Flood of Redemptions After Gross's Departure [FBN]