Bill Gross Is Angry

Tyler Durden's picture

The bond king is pissed:

No Bill, we are bothered too: we have been looking for the past 24 hours on the Fed's site for ways to subscribe to said early release distribution list and still can't find it. We even offered Kevin Henry $29.95 a month to add us to Fed's frontrunning newsletter and so far, nothing.

How are we to make 100% returns in the otherwise risk free market, if we too can't have market moving information days in advance of everyone else?

Mr. Bernanke, are you listening - it hinders the "wealth effect" by denying everyone material, market-moving information early!

Get to work Mr. Chairman.

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idea_hamster's picture

I guess he wasn't on the distro list -- too bad!

Fredo Corleone's picture

Re: the Fed's Select Roster

Bill is angry simply because his name was not selected. All those billions in Treasurys on Pimco's books, and the Bond King does not even rate a lousy "QE[infiniti symbol]" tee-shirt.

butchee's picture

That's what you get for shorting Uncle's Treasuries and talkin' your book.

Pool Shark's picture



It's a small, elite club.

And, you're not a member...


imaginalis's picture

He sounds like Pelosi complaining about insider trading

NoDebt's picture

He's just having his "Is NOTHING sacred?!?!" moment.  He was sure that somewhere in this giant financial system he could find somebody, some institution that could be at least marginally depended on to simply do their job in an honest and straightforward manner.  He just realized that there aren't any.  As in NONE.  ZERO.  Not even the Fed (which I am sure he held in high regard up to this point).

This an other stuff I have read from and about him recently tells me he's truly fed up (or Fed up!).  He's heading for the exit, I'm sure.  He's long since had fuck-you-money and he doesn't need this game any more.

RockyRacoon's picture

If Bill had gotten his early email like the others, we would have heard nary a peep from him.

HoofHearted's picture


It was for the children. We wanted to make sure none of OUR children had to do without the new pony this summer, so we allowed our buddies to frontrun. 

Seriously, you want to vote against kids? Then you are screwed...

ml8ml8's picture

It's makes me nervous when someone with over US$2 trillion assets under management becomes publicly upset at the primary financial institution in the world and basically says "I'll get even with you later."  It may be time to get long volatility of short-term bonds.

smlbizman's picture

i do remember hating this guy gross, when he was making it hand over fist because of the feds actions....on cnbs like he was a fucking genius, ...i had him as a fed inside now he is not in the inner circle and he doesnt like it....i am sure though his charactor is such that if they put him on the list to receive this info early he would decline ....

pods's picture

We are supposed to be outraged at what we all know?

It's a big fuckin club, and we ain't in it.

Bill is pissed just cause his ass was left off the list this time.  

More tongue and less teeth next time Bill and you will be fine.


Anusocracy's picture

When monarchies were dominant it was a big fuckin club, but the masses knew they weren't a part of it. That made them more likely to revolt.

Now that we have democracy it is still a big fuckin club, but the current masses are too stupid to understand that they aren't members.

If government screwed the people every way possible, 90% would still support it.



redpill's picture

I guess we know which e-mail list Bill ISN'T on.  The question is whether he's really outraged or just butthurt that the bond king is not in the club.

StychoKiller's picture

To Bill:  "How about a Spiderman towel?  Would that make ya feel better?"

MillionDollarBonus_'s picture

I would be very agnry too if I were Bill Gross. After investing millions of dollars of his clients' money shorting treasuries, only to see record low yields, Bill Gross is struggling to accept his shortcomings as an investor and the embarrasment of his association with the doomer libertarian community.  

MillionDollarBonus_'s picture

Things are moving along. I'm now focused on signing up as many distributors as possible. I've realized that the BIG money is in signing up smart motivated sellers, rather than selling the product yourself. That's the key. I've signed up three friends, and I'm hoping they'll start selling soon so I can generate some serious income.

McMolotov's picture

That's the same business plan I use for my heroin and crystal meth enterprise.

RopeADope's picture

Works well for a fiat printer too.

King_Julian's picture

MDB, +1 for the LOL. Doing good work. Keep it up!

azzhatter's picture

MDB doing God's work just like Blankfuck. Good man

Kirk2NCC1701's picture

Ah yes, OPM and Other People's Efforts (OPE). Capitalists live off one, Aristocrats off the other.

But fear not and take solace in W.C. Fields' motto: "There's a sucker born every minute."

j0nx's picture

Boris has eclipsed you as best ZH troll. You need to work on your game.

rqb1's picture

I agree, you have lost a step MDB.

Impoverished Psychologist's picture

This is all so last month...

I'm currently looking for capital for a multi level marketing operation which works within a cryptocurrency system - I'm going to call it TUPPERCOIN or BITWARE - suggestions welcome.


RichardENixon's picture

BUBBLEBUX. Sounds so much catchier than FRNS.

zapdude's picture






MrNude's picture

''I've realized that the BIG money is in signing up smart motivated sellers, rather than selling the product yourself. That's the key.''


Careful now, look at where Madoff ended up after those kinds of pyramid scams ;p.

Doctor of Reality's picture

Sounds like an Amway convention is in your future.

ATM's picture

Sounds more like she is into the 'Women Empowering Women' pyramid.

HoofHearted's picture

"sistas are doin it for themselves" probably using an Obamaphone to make it happen...

TheSilverJournal's picture

It's true, Gross and the bond shorters don't understand the predicament. The Fed has the ability to create unlimited FRNs. The only way the world fiat monetary ponzi stays intact is buy keeping rates moving even lower. In other words, the Fed can and will buy whatever amount of bonds it takes to keep rates low...straight into hyperinflation. As they say...don't fight the Fed.

azzhatter's picture

Bill G thanks you for your advice and explanation of the bond market

indygo55's picture

MDB you missed the point. He is complaining about the list. The list, the list. Get it? THE LIST!


eclectic syncretist's picture

SON OF A BEEOTCH SHALOM BERNANKE.  You were so busy printing your notes like Mohammed Atta in the cockpit of a fully fueled 767 you went and let the secret FED insider list out? 

I hope that hot russian woman on the side of my screen kicks you square up in the nuts with emphasis, and when you ask, "what was that for?", she says, "you know what that was for, you little bitch!".

Divided States of America's picture

Reminds me of Madoff, Jews shafting Jews now.....I take this as a good thing...because you know things are really going to hit the fan when the said 'Circle' is getting smaller and smaller and some of the people who used to be IN THE out....

Kirk2NCC1701's picture

I think that the Luciferian school of thought would say that their god looks after his inner circle first, and they'd sacrifice their brethren in the outer circle if need be. If you believe that sort if stuff. Which I don't, but which entertains me like one of those Hollywood trash flicks.

Stoploss's picture

I know the feeling Bill.

We just slide this one right under the " not monetizing"  video recording.

outamyeffinway's picture

Well Bill, it's because everyone recognizes that the system is so corrupt and rotten to the core that we've thrown our hands up.


Now we just wait for the economic and societal collapse. Then the witch hunt.


Those who are truly indifferent are the ignorant and morally bankrupt.

torak's picture

"Now we just wait for the economic and societal collapse. Then the witch hunt."

I wonder what the 21st Century equivalent to guillotines are?  I'm thinking .40 cal hollow-point bullets, errr aahh, I mean target rounds bought in bulk to get a better price.  One to the back of the head Chinese style and make the terrorist's (Vet, Christian, Prepper, etc.) family pay the government back for the expense of the bullet.

Hold on!  I think we're coming around full circle.

prains's picture

dead man walking

obesity rates just came in, hold off on the walking, for now just trying standing up from electric buggy for 5 minutes a day

<safety first>