Was Bill Gross worth $300m a year?
This emerges as the central question in his explosive lawsuit against Pimco, in which the famed bond investor invites readers to see the events leading up to his exit from the asset manager as a fight over its outsize bonus pool.
Mr Gross’s entitlement to a 20 per cent slice of the pool, which totalled $1.3bn in 2013 and almost as much again last year, inspired jealousy among underlings and ultimately led them to plot to oust him, the suit contends.
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