PIMCO CEO El-Erian Resigns
The leadership change comes after annus horribilis for the firm's flagship bond fund, says an S&P Capital IQ expert.
Low Interest Rates Wallop Retirees: EBRI
The low-interest-rate environment “has an extremely large impact on failure rates” when it comes to meeting retirement goals, EBRI's research director says.
PIMCO’s El-Erian: A Global Realignment Our Grandchildren Will Talk About
The CEO of PIMCO quoted Fed Chairman Ben Bernanke when saying, “We are living in unusually uncertain times.”