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Bill Gross: Here's what could trigger a 'run on the shadow banks'

Posted: Tue Jun 30, 2015 5:38 pm
by Ad Orientem

Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'

Posted: Tue Jun 30, 2015 8:24 pm
by screwtape
Isn't Bill Gross the one who said it was time to dump LT's a few years ago and they ended up going up by 33% that year?

Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'

Posted: Tue Jun 30, 2015 8:32 pm
by MachineGhost
screwtape wrote: Isn't Bill Gross the one who said it was time to dump LT's a few years ago and they ended up going up by 33% that year?
Yep!  And subsequently lost his job as the manager of the world's largest bond fund and kicked out of the company he co-founded.  Now that's career risk from market timing.  The "King of Bonds" moniker is now bestowed upon Jeffrey Gundlach.

Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'

Posted: Wed Jul 08, 2015 5:28 pm
by Reub
Gundlach is a much better king. He actually helped the FBI catch the thieves who stole valuable art from his own home in Santa Monica a few years ago.

http://nymag.com/daily/intelligencer/20 ... -back.html

Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'

Posted: Wed Jul 08, 2015 5:37 pm
by MachineGhost
Reub wrote: Gundlach is a much better king. He actually helped the FBI catch the thieves who stole valuable art from his own home in Santa Monica a few years ago.

http://nymag.com/daily/intelligencer/20 ... -back.html
I'm sorry but I found this a lot more fascinating...  what a bizarre alternate reality!

http://nymag.com/thecut/2015/07/celebri ... s-all.html

Re: Bill Gross: Here's what could trigger a 'run on the shadow banks'

Posted: Wed Jul 08, 2015 8:43 pm
by Reub
So what exactly are you saying?  Should Ben Affleck be the new bond king? Or Jennifer Garner the new queen?