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Pimco

Mohamed El-Erian To Resign

Reuters | Posted 01.25.2014 | Business

FRANKFURT (Reuters) - Allianz late on Tuesday said Mohamed El-Erian, Chief Executive Officer at its asset management unit Pacific Investment Manageme...

Activists Confront Financial Titans Larry Fink and William Gross

Peter Dreier | Posted 01.23.2014 | Politics
Peter Dreier

Two activists who have been on the front lines of the battle against Wall Street's predatory practices confronted two of the world's wealthiest and most powerful financial titans.

Giant Money Manager Accused Of Cheating During Crisis

The Huffington Post | Mark Gongloff | Posted 03.14.2013 | Business

The world's largest bond-fund manager frequently engaged in shady practices, including insider trading, price manipulation and actively betting agains...

Bond Titan Says U.S. Faces 'Lost Decade' If Politicians Don't Act

The Huffington Post | Bonnie Kavoussi | Posted 10.24.2012 | Business

NEW YORK -- The U.S. risks a "lost decade" if politicians keep pursuing the same failed policies, according to Mohamed El-Erian, chief executive of th...

FedEx's $5,000 Gamble. Literally.

The Huffington Post | Harry Bradford | Posted 10.15.2012 | Business

Desperate times call for desperate measures. That’s one business principle you likely won’t need to explain to FedEx founder Fred Smith. In Fed...

Four Years After the Financial Implosion, Questions Finally Begin to Be Asked

Raymond J. Learsy | Posted 11.16.2012 | Business
Raymond J. Learsy

The issue of insider trading from information emanating from Treasury Secretary Paulson's office was a focus of ruminations from this corner some four years ago. But hard questions, perhaps until now, have been few and far between.

Why Bill Gross Thinks Paul Ryan Is Good With Numbers

Posted 08.29.2012 | Business

Paul Ryan just got a new supporter. Sort of. Bill Gross, the co-chief investment officer of PIMCO and arguably the most well-known bond investor i...

Whoever Wins This Baby Better Be Ready For Economic Trouble

Project Syndicate | Mohamed A. El-Erian | Posted 08.01.2012 | Business

NEWPORT BEACH – The conventional wisdom about the November presidential election in the United States is only partly correct. Yes, economic issues w...

PIMCO's Bill Gross: Inflation 'Doesn't Fairly Distribute Its Pain And Benefits'

Reuters | Posted 09.30.2012 | Business

By Sam Forgione NEW YORK, July 31 (Reuters) - Bill Gross, the co-founder and co-chief investment officer of bond giant PIMCO, says it ...

Delivering in a Delevering World

Arianna Huffington | Posted 05.22.2012 | Politics
Arianna Huffington

Smart delevering isn't just about cutting -- and the relentless emphasis on cutting has obscured the more important question of what is being cut. In far too many cases, our approach to delevering is keeping us from growing, and keeping us from tapping into all our resources.

Look Who Hopes To Turn A Profit From The Wrecked Housing Market

Reuters | Posted 03.14.2012 | Business

* Gordian Sword: "We just might do a good thing for America" * Jan. letter says success of firm rests on "secret formula" ...

Arrogance of Self-Appointed Judges of U.S. Credit

Frank A. Weil | Posted 01.29.2012 | Politics
Frank A. Weil

The bond markets do not need their views to make assessments of the situation. The markets by themselves are the best indicator of what everyone needs and wants to know.

Manager Of World's Largest Bond Fund: 'I'm Just Having A Bad Year'

Posted 12.16.2011 | Business

NEW YORK (Jennifer Ablan) - Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance...

'Depression' Again Being Used To Describe Economic Landscape

Posted 12.05.2011 | Business

(Mike Dolan) - You know it's grim when the prevailing debate among economists and historians is whether the world economy faces the "Great" depres...

PIMCO CEO: European Leaders 'Making It Up As They Go Along'

The Huffington Post | Harry Bradford | Posted 11.30.2011 | Business

Policymakers in Europe may be making the economic crisis work instead of better, according to Mohamed El-Erian, CEO of PIMCO, the world's largest inve...

On Investors and the Banks

Robert Teitelman | Posted 11.02.2011 | Business
Robert Teitelman

Trying to view a key systemic sector like banking through the lens of investors can be dangerously deceptive.

Elites Are Abandoning Keynesianism for Self-Preservation

Chriss Street | Posted 10.30.2011 | Politics
Chriss Street

Pacific Investment Management Company (PIMCO), the world's largest manager of bonds, has just released research analysis titled: "Saying No to Keynes ...

Did Pimco Play a Role In S&P's Downgrade of U.S.Debt

Raymond J. Learsy | Posted 10.07.2011 | Business
Raymond J. Learsy

On Friday S&P downgraded U.S debt from AAA to AA+, the first such downgrade in the nation's history resulting in grave concerns over the outlook for the U.S. economy. Yet simultaneously they must have been popping champagne corks at Pimco.

Bill Gross: U.S. Is At The 'Tipping Point' Of Recession

The Huffington Post | Alexander Eichler | Posted 10.03.2011 | Business

The economy hasn’t slipped into recession yet, but it may be at a “tipping point,” according to Bill Gross, co-chief investment officer of the f...

Bill Gross: 'Don't Mess With The Debt Ceiling'

Washington Post | Bill Gross | Posted 09.13.2011 | Business

To raise or not to raise the debt ceiling; that is the question: Whether 'tis nobler to suffer the slump and arrows of default today or in some distan...

Afghanistan -- A Bridget Too Far

Eric Margolis | Posted 08.27.2011 | World
Eric Margolis

War is waged to achieve political objectives, not to kill enemies. Politically, the US has achieved nothing in Afghanistan after ten years of desultory war and destruction.

El-Erian: European Debt Crisis Will Be Solved 'Through Default'

Posted 08.22.2011 | Business

TAIPEI - The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to reso...

PIMCO Manager Bill Gross: Firm Was 'Never' Short On U.S. Treasuries

Posted 07.16.2011 | Business

NEW YORK - PIMCO's Bill Gross, manager of the world's largest bond fund, said on Monday it was a "misconception" the firm was short on U.S. Treasu...

PIMCO: Only A Recession Would Stop Us From Shorting U.S. Bonds

Posted 07.06.2011 | Business

PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his "short" position on U.S. government-r...

PIMCO Bets Against The Future Value Of U.S. Government Debt

Posted 06.11.2011 | Business

PIMCO has shifted to a short position in U.S. government-related debt in the world's largest bond fund, while also raising cash holdings in a sign...