See what Krugman had to say about Bill Gross (this guy's boss) leaving. http://krugman.blogs.nytimes.com/2014/09/29/nobody-could-have-predicted-bill-gross-edit

See what Krugman had to say about Bill Gross (this guy's boss) leaving. http://krugman.blogs.nytimes.com/2014/09/29/nobody-could-have-predicted-bill-gross-edition/?_php=true&_type=blogs&_r=0 http://krugman.blogs.nytimes.com/2014/09/29/nobody-could-hav... so... it sounds like his boss got pushed out because he made the bet that bonds were going to take a beating... and he was wrong.