(Editor’s note: Recently, a Canadian pension fund, the Public Sector Pension Investment Board (PSP) went public with a lawsuit alleging that hedge fund Saba Capital Management cheated PSP [click here to read], which benefits Canadian Mounties, during a $500 million redemption process. Boaz Ronald Weinstein, the founder, partner, and chief investment officer for Saba Capital,… Read More >>
Gross vs. PIMCO: Better Than a TV Series
“Driven by a lust for power, greed, and a desire to improve their own financial position and reputation at the expense of investors and decency, a cabal of Pacific Investment Management Company (PIMCO) managing directors plotted to drive founder Bill Gross out of PIMCO in order to take, without compensation, Gross’s percentage ownership in the… Read More >>
