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Still, “PIMCO’s lawyers will probably still throw a fit,” the source adds. Misha FriedmanĪ source close to Gross says that, in response to the letter, he took some potentially “offending sections” out. Bill Gross will release his self-published memoir Tuesday. Gross is releasing the book even after thinly veiled threats from PIMCO’s attorneys that they could sue him for potentially violating his settlement with PIMCO that includes a non-disparagement provision. “At 72 years of age, I suspected I wasn’t indispensable, but it was the “F*** OFF” along with other issues that sealed my fate.” “I wanted to show that we were in control and we were the alphas at the table,” Gross writes of the incident with Diekmann. Indeed, “control” appears to be a recurring theme in the book. Gross says he is side-stepping a traditional publisher for the book because he wanted more editorial control and wanted to move quickly. And yes - the book does render it in all caps. Yes - the obscenity is quoted from Gross’s new, no-holds-barred memoir “ I’m Still Standing,” which he is self-publishing on Amazon on Tuesday. Gross’s relationship with Allianz was often tense, but tensions reached a whole new level in 2014 when, in a meeting to discuss bonuses for top executives, Gross told Allianz CEO Michael Diekmann to “F–K OFF.” German-based investment giant Allianz had bought PIMCO in 2000, nearly 30 years after Gross founded it.
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Goldman Sachs workers grumble over $7 yogurt as cafeteria prices surge despite easing inflationīill Gross’s ouster from the PIMCO bond-trading empire was triggered in part by his insulting his boss with an F-bomb, according to a new, tell-all memoir from the prickly billionaire. Tom Montag’s return to Goldman a ‘big slap in the face’ to staff: insidersĪmazon poaching Federal Trade Commission officials ahead of antitrust lawsuit: sources Lina Khan faces grilling on Capitol Hill after judge’s rebuff on Microsoft-Activision crackdown
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