Reuters Money: Exclusive: Pimco's Gross declares El-Erian is 'trying to undermine me'

	Click to View in Browser 03/7/2014 Exclusive: Pimco's Gross declares El-Erian is 'trying to undermine me' (Reuters) - Bill Gross, the co-founder and co-chief investment officer of Pacific Investment Management Co, has accused departing CEO Mohamed El-Erian of seeking to "undermine" him by talking to The Wall Street Journal about deepening tensions between the two executives who have been jointly running the world's largest bond house. The rise and rise of the virtual financial adviser CHICAGO (Reuters) - Most of Sophia Bera's financial planning clients have never met her in person, and they don't seem to care. The first job play-book; authors talk about work NEW YORK (Reuters) - It doesn't matter how famous, or how important or how rich the person is - virtually everyone likes to stroll down memory lane and reminisce about their first job, which was usually very menial and extremely low-paid. GE ends freebie dividends on executives' unvested stock BOSTON (Reuters) - General Electric Co said on Thursday it will stop paying its senior executives dividends on stock awards that have not yet vested, after investors urged the company to end the long-held perk. Cohen's SAC Capital has 5.4 percent passive stake in Gogo Inc (Reuters) - SAC Capital Advisors, the investment manager founded by Steven A. Cohen, said on Thursday it has taken a 5.4 percent stake in Gogo Inc, a provider of in-flight Wi-Fi service. LPL forecast: Bad weather to curb first-quarter recruiting (Reuters) - Add LPL Financial Holdings to the list of U.S. companies and economists blaming a falling business metric this winter on the weather. Star witness against ex-Madoff aides a liar, lawyers tell jury NEW YORK (Reuters) - The government's star witness in the criminal trial of five former Bernard Madoff employees is a lifelong liar whose capacity for falsehood rivaled only that of Madoff himself, lawyers for two defendants told a federal jury on Thursday. U.S.-based stock funds attract $10.3 billion inflow: Lipper NEW YORK (Reuters) - Investors in U.S.-based funds poured $10.3 billion into stock funds in the week ended Wednesday on reassurance that the U.S. economy is on better footing and reduced geopolitical tension, data from Thomson Reuters' Lipper service showed on Thursday. Hedge fund names Cliffs directors, launches proxy battle (Reuters) - Activist investor Casablanca Capital LP on Thursday nominated six directors for election to the board of Cliffs Natural Resources Inc, setting in motion a proxy battle for the iron ore producer that it wants split into two companies. Carlyle commodity fund Vermillion's assets halved to below $1 billion NEW YORK (Reuters) - U.S. private equity group Carlyle said assets at its commodities hedge fund Vermillion fell by more than half in the nine months to December, suggesting investor redemptions at the fund after some negative returns. Related Video Stocks rally on labor market hopes Caution follows relief on Wall Street Business News U.S. job growth accelerates, weather cuts into hours worked Payrolls lift S&P 500 to fresh record The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend