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Bill Gross Likely Took A Big Pay Cut To Join Janus

FYI: Less money, fewer problems. That may be Bill Gross’s new mantra, as he embarks upon a new chapter of his storied fixed-income career. I don't think will need to pass the hat for Bill.
Regards,
Ted
http://www.marketwatch.com/story/bill-gross-likely-took-a-big-pay-cut-to-join-janus-2014-10-28/print

Comments

  • Rest assured the deal was a BIG deal monetarily for Janus. They are betting there will be an enormous inflow of assets so they can keep Mr. Gross in the luxury to which he is accustomed.
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