Heavy drama played out this week — and not just on Shonda Rhimes' TV shows.
The bond-investing world was roiled by news that Bill Gross — the man known as "The Bond King" — has abruptly left the huge investment firm he founded in 1971. The departure left a lot of people scratching their heads on Wall Street.
"The natural question is: What's going on at PIMCO?" said David Kotok, chief investment officer at Cumberland Advisors. "There's all kinds of speculation" about why Gross left.
"And the answer is, it's speculation — and so we don't know," Kotok said.