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Pimco divorce appears to be getting messy

Mar. 07, 2014 5:22 AM ETAllianz SE (ALIZY) StockFIVZ, GOVY, ALIZY, BABZ, CORP, ALIZF, BOND, AUD-OLD, CAD, BUND, FORX, DIBy: Yigal Grayeff, SA News Editor18 Comments
  • Bill Gross has accused departing Pimco (NYSEARCA:BOND) CEO Mohamed El-Erian of "trying to undermine" him, telling Reuters that he has evidence that El-Erian "wrote" a recent WSJ article that described the breakdown in the men's relationship and didn't portray Gross in a particularly flattering light.
  • When asked what the evidence was, Gross replied: "You're on his side. Great, he's got you, too, wrapped around his charming right finger."
  • Gross also indicated that he has monitored El-Erian's phone calls.
  • A Pimco spokesman later denied that Gross made the comments that Reuters attributes to him, while the WSJ hotly refuted that El-Erian "wrote" the article.
  • Pimco's parent company is Allianz (OTCPK:AZSEY).
  • Pimco funds: AUD, BABZ, BUND, CAD, CORP, DI, FIVZ, FORX, GOVY
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