Gross Gives Parting Shot As Palace Coup ApproachedMark Melin
As the loud footsteps of the palace guard approach, swords being pulled from their scabbard, Bill Gross new the end was near. When he made the discovery that a palace coup was about to replace him at Pimco, he acted quickly, making the first move before the guards and their swords reached him. He quickly resigned before he could be fired.
In a letter to colleagues and friends, Gross said he recognized an “imminent palace coup” which he said “meant it was time for me to go.”
Bill . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible