When former Pacific Investment Management Company (PIMCO) CEO and co-CIO Mohamed El-Erian announced that he was leaving the firm earlier this year, it set off months of discussion and speculation about what really happened between El-Erian and PIMCO co-CIO Bill Gross, the legendary bond investor he was meant to replace. In an interview with Jennifer Ablan and Dan Burns of Reuters El-Erian, now the chief economic advisor at Allianz (a post created specifically for him) gives an explanation for why he left, but it isn’t terribly convincing. The most believable part is that he wishes he could have handled the PR aftermath a little more smoothly.
“If I had known that there would be this media circus, I would've done...
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