Place in his new disinflation is the new wildcard. We will examine the bill gross departure from pimco and we begin with julie hyman and the latest of elements at pimco and Janus Capital. Good afternoon. The financial world is reeling and trying to figure out what was behind the departure of bill gross from pimco. One could argue that perhaps some of the warning signs or flags were there. The firm has been in tumult for the last year or so following 16 trade months of redemption to its flagship ones which is the Worlds Largest bond fund. That was downk of 200 33 billion and now down to 22 billion in assets. Bill gross is leaving the firm he founded back in 1971. There had been some infighting as well at pimco and there was the departure of his top lieutenant, Mohamed Elerian who went to the Parent Company alley ons as a Global Economic adviser. That is the background here we have seen. Hass going to janus which struggled to get its fixedincome business up and running. We talked to jack
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