Law Practice
Aug. 26, 2011
Bond firm planned to sack guru for months
TCW executives made plans to fire star bond manager Jeffrey E. Gundlach three months before his termination took place and a week before he threatened to leave, the firm's chief executive officer testified.
Daily Journal Staff Writer
LOS ANGELES - Trust Co. of the West executives made plans to fire their star bond manager three months before his termination took place and a week before he threatened to leave, the firm's chief executive officer testified Wednesday.
CEO Marc I. Stern said he called an Aug. 27, 2009 meeting at which Jeffrey E. Gundlach's termination from TCW was discussed. Gundlach was TCW's chief invest...
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