Over a year has passed since Mohamed El-Erian abruptly quit the helm of Pacific Investment Management Co., the $1.7 trillion global financial powerhouse based in Newport Beach.He has left behind the ugly headlines baring his conflict with Pimco’s so-called “Bond King,” Bill Gross. He has left behind the stress of watching clients, in search of higher returns, pull tens of billions of dollars out of the firm.And he has left behind the outsized pay packages that came with the post of chief executi

Source: www.ocregister.com

See on Scoop.itPublic-Private Duality, Economic Crisis, and New Financial Trends


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