FYI: The lessons here are fairly obvious: Losing some like Gross or Gundlach is a loss for the parent company. If handled intelligently, the damage can be minimized. However, an acrimonious, public firing accompanied by litigation can inflict long-term damage. For both TCW and Pimco, the firings had troubling ramifications for both the departing manager's funds, and the companies overall.
Regards,
Ted
http://www.bloombergview.com/articles/2015-09-21/the-price-for-losing-bill-gross-or-jeff-gundlach
