Pimco Replaced at $68B Prudential Fund

The video covers several financial topics, starting with Brian Moynihan's insights on the strengthening US economy. It then discusses a study on the SEC's distribution of corporate filings, highlighting a time advantage for certain subscribers. The departure of Bill Gross from PIMCO and its consequences are examined, followed by Fiat Chrysler's announcement to spin off its Ferrari brand and raise funds through a bond offering.

What did Brian Moynihan say about the US economy in his interview?

• It is weaker than last month.

• It is declining rapidly.

• It is getting stronger.

• It is the same as last year.

What issue did the new study raise about the SEC's distribution of corporate filings?

• Paid subscribers receive information faster than Edgar users.

• There is no difference in information distribution.

• Edgar users receive information before paid subscribers.

• Paid subscribers receive information slower than Edgar users.

What happened to PIMCO after Bill Gross's departure?

• It merged with Janus Capital.

• It was dropped as a sub-advisor to a fund.

• It gained a new major fund.

• It acquired BlackRock.

What significant announcement did Fiat Chrysler make?

• They are acquiring Ferrari.

• They are spinning off the Ferrari brand.

• They are closing down operations.

• They are merging with PIMCO.

How much does Fiat Chrysler plan to raise through a bond offering?

• 1 billion dollars

• 3 billion dollars

• 2.5 billion dollars

• 5 billion dollars