Two high-powered Laguna Beach residents roiled waters in political and financial circles this week: Neel Kashkari, a former U.S. Treasury official, announced his bid to unseat Gov. Jerry Brown, and Mohamed El-Erian resigned as head of Pimco, the world’s largest bond mutal fund. Kashkari, a 40-year-old Republican, ran the Treasury Department’s taxpayer-funded federal bank bailout […]
Tag: "El Erian"
Laguna Beach resident Mohamed A. El-Erian was appointed by President Barak Obama to chair the U.S. Global Development Council, according to a White House announcement. El-Erian will continue in his role as chief executive officer and co-chief investment officer of Newport Beach’s Pacific Investment Management Company LLC (PIMCO), positions he has held since 2007. The […]