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If Pimco Were A Country, It Would Be The Most Unequal Place On The Planet

TedTed
in The Bullpen
FYI: The main force driving income inequality in America is the skyrocketing pay of not the 1 percent, but the 0.1 percent and the 0.01 percent. We just got a prime example of that.

Bill Gross and Mohamed El-Erian, former top executives at Pacific Investment Management Co., the nation's largest bond-fund manager, received $290 million and $230 million bonuses, respectively, in 2013, according to a report last week by Bloomberg View's Barry Ritholtz.
Regards,
Ted
http://www.huffingtonpost.com/2014/11/18/pimco-pay-inequality_n_6178584.html
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