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FYI: Pacific Investment Management Co. suffered roughly $10 billion of withdrawals following the Friday departure of co-founder Bill Gross, a person familiar with the matter said, a sign of how quickly Mr. Gross’s surprise move is reshaping the bond-investing landscape. Regards, Ted http://www.marketwatch.com/story/billions-fly-out-the-door-at-pimco-2014-09-29/print
I'm trying to access 401k site and getting network errors. I think a lot of people are going to pull PTTRX down in their 401ks. It is a staple in most 401ks. The website must be overwhelmed.
I think people have let things settle in and decided, PTTRX is not a sure thing any more.
Comments
I think people have let things settle in and decided, PTTRX is not a sure thing any more.