Gross Said to Collect $290M Pimco Bonus in 2013

The transcript discusses the significant bonuses received by PIMCO's former CIO Bill Gross and former CEO Mohammed Ilarion, highlighting the importance of retaining talent. It also touches on Ilarion's career path and the financial success of PIMCO, attributed to its structure and management.

What was the bonus amount received by PIMCO's former CIO Bill Gross?

• $200 million

• $290 million

• $250 million

• $230 million

Why is it considered important to retain talent at PIMCO?

• To avoid high turnover costs

• To ensure continued financial success

• To keep competitors at bay

• To maintain company culture

What is one of the reasons Mohammed Ilarion received a significant bonus?

• His status as a Jets fan

• His long tenure at PIMCO

• His role in starting PIMCO

• His academic achievements

What is a notable aspect of PIMCO's financial structure?

• It manages a couple trillion dollars

• It focuses solely on domestic markets

• It is heavily reliant on loans

• It has a small asset base

What recent decision has PIMCO made regarding its employees?

• To provide stock options

• To offer more vacation days

• To increase their salaries

• To reduce their working hours