Ivascyn said the Newport Beach, California-based Pimco still makes big, bold economic and investment calls but there's no burning desire to publicize them as Gross did. "When you talk to clients and you talk to the media, at times, you reduce investment calls down to a sound bite or very simple views on the world," Ivascyn said. [Reuters]
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.