May 2014: "...during a meeting of about 20 Pimco executives at the firm's investment committee, Mr. Gross halted Jeremie Banet, a French-born executive vice president and portfolio manager, while he was sharing his views. "I never understand what you're saying," Mr. Gross said, according to people in the room. "Ever." A day after the exchange, Mr. Banet announced his resignation and said he planned to operate a food truck selling croque-monsieur sandwiches in Los Angeles. In an email, Mr. Banet said there was no connection between the meeting and his departure from Pimco. He said he has "enormous respect and admiration for Bill Gross."September 2014: "Bill Gross is joining Janus Capital Group, effective September 29."October 2014: "PIMCO has hired Jeremie Banet, who previously worked for the firm and will return as an Executive Vice President and Portfolio Manager for real return strategies, including Treasury Inflation Protected Securities (TIPS)." [WSJ, CNBC, Pimco via Matt]
PIMCO Caught Attempting To Treat A High-Level Sexual Harassment Scandal Like It Treated Bill Gross
It's another "What? He Quit!" moment out in Newport Beach.
Pimco Accuses Bill Gross Of "Sad Obsession" With Ex-Firm, Still Having An AOL Account
Hard to say which is more damning.