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Major news out of PIMCO as Mohamed El-Erian resigns from CEO post

Mohamed El-Erian, widely viewed as the successor to Pacific. s Bill Gross, has resigned after six years as the firm struggles to stem record. as the next generation of management and obviously it didn't work out.. Pimco's four main U.S. equity mutual funds collectively manage less.. (Bloomberg News).

2010-12-03  · Mohamed El-Erian, PIMCO’s CEO, that we are living in a period of major global. the term “the new normal” to describe the post-crisis.

Capital Economics: How long will the refi boom last? July 30: Housing and Economic Recovery Act of 2008 changes the $250,000/$500,000 capital gains exclusion applying to second homes and rental property. Year-end: A total of 3,157,806 foreclosures were filed on 2,330,483 properties during the year, up 81 percent from 2007. More than 1.84 percent of all households were in some stage of foreclosure.

BOSTON (Reuters) – Mohamed El-Erian. that he would leave Pimco took the investment community by surprise. El-Erian, 55, is well known due to his frequent appearances on cable television and at.

In a new book, former pimco ceo mohamed el-erian warns that accommodative central banks’ policies have created a "delusion of liquidity." PIMCO’s Former CEO Mohamed El-Erian on the.

El-Erian will stay on to consult at the German insurer, but the news that he would leave Pimco took the investment community by surprise. El-Erian, 55, is well known due to his frequent appearances on cable television and at investment conferences. He sent out an email announcing his departure that failed to shed more light on the decision.

 · PIMCO CEO Mohamed El-Erian is resigning from his post effective mid-March. give: El-Erian was named to Foreign Policy’s list of “Top 100 Global Thinkers”. Following the news of the leadership changes, PIMCO Total Return ETF. captions settings, opens captions settings dialog; captions off,

Pimco boss Mohamed El-Erian resigns, Bill Gross stays on Chief executive will leave the bond giant in March as part of a leadership overhaul, but will advise the Board of Management of Allianz SE.

Mohamed A. El-Erian is a Bloomberg Opinion columnist. He is the chief economic adviser at Allianz SE, the parent company of Pimco, where he served as CEO and co-CIO. His books include “The Only Game.

Deutsche Sees 48% of All US Mortgages Underwater in 2011 California pending home sales drop for the first time in a year and a half C.A.R.’s Pending Home Sales Index (PHSI)* rose 4.3 percent from a revised 115.2 in September to 120.2 in October, based on signed contracts. Pending sales were up 3.6 percent from the 116.1 index recorded in october 2011. pending home sales are forward-looking indicators of future home sales.According to a new report put out by Deutsche Bank, half, or approximately 25 million homeowners will be underwater with their mortgage by 2011, the year in which Deutsche Bank expects home prices to finally stabilize.

PIMCO CEO and Co-Chief Investment Officer Mohamed El-Erian is resigning in a move that is likely to shake-up the investor community given his stature.

The Southern California businessman’s experience as CEO of Pimco is contributing to his consideration for the post.. Trump may tap former Pimco CEO Mohamed El-Erian as Fed’s No. 2.

PIMCO CEO El-Erian resigns Chief executive officer and co-chief investment officer of Pacific Investment management company llc (pimco), Mohamed El-Erian, has resigned after a troubled year for.

House Committee approves Mortgage Choice Act 25 When a mortgage lender is FHA-approved and the mortgage is within FHA limits. 66 This is in keeping with the act’s relatively limited scope and its core function of promoting access to credit.