Earlier today, Jeffrey Gundlach extolled the virtues of giving up driving and having someone chauffeur you around, noting that he's employed a driver since late last year. "I can't believe I didn't think of this sooner, because it's so great," he told Bloomberg News's Mary Childs. "[I'm saving] days a week" by being able to read emails in the car on the way to work, he added. Another benefit of the new system is that it helps him avoid additional DUIs, like the one he got back in September.
Gundlach, head of Doubleline Capital, was charged with driving under the influence Sept. 20, 2014, California Highway Patrol confirmed to Business Insider today. The charges were later reduced in court. California’s Highway Patrol confirmed to Business Insider that Gundlach was arrested on the evening of Sept. 20 on Interstate 10. Several sources confirmed, that he was charged for driving under the influence. "The case was disposed in superior court of California on a ticket for exhibition of speed," Loren Fleckenstein, spokesman for Doubleline, told Business Insider. He declined to comment further on the matter.