Janus Chairman Had No Idea All That Money Came From Bill Gross And (Maybe) Others Who Happen To Use The Same La Jolla Morgan Stanley Branch


But otherwise, he and the board are totally clear on everything.

Mr. Schafer also said he knew Mr. Gross had invested in his fund, and that Janus Chief Executive Dick Weil kept the board well-informed of the firm’s operations. “Is the board aware that Bill put money into the fund? The answer is yes, the board is well aware of what is happening,” he said.

Janus Chairman Didn’t Know Details of Gross’s Investment [WSJ]