Remarks in Response to a Bond-Trader’s Case for Dramatically Reducing Federal Debt, in 63 Charts: Part 2


The first post in this series is available at:

Here is an excerpt from that post to re-establish the context; you can skip to the end of the italicized part if you read and recall the initial post:

Jeff Gundlach is the CEO of Doubleline Capital, a Los Angeles-based investment firm. He was previously the star performer for another firm, the Trust Company of the West (TCW), where he managed the Total Return Bond Fund. He left TCW in a very public, law-suit spawning spectacle of mutual accusations of self-interested impropriety. Still, the rapid growth of Doubleline Capital demonstrates that the dubious press has not impacted investors’ faith in him. He has been called the “$70 Billion Man” by Forbes, the “King of Bonds” by Barrons, the “Bond Savant” by Businessweek and one of the “50 Most Influential” investment managers by Bloomberg. Crossing Wall Street has demonstrated a certain…

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About martinkich

I am a Professor of English at Wright State University's Lake Campus, where I have been a faculty member for more than 25 years. I have now served multiple terms as the President of the WSU chapter of AAUP, which now includes all full-time instructional faculty, and as the Vice-President of the Ohio Conference of AAUP. I have also served several terms as an at-large member of the Executive Committee of AAUP's Collective Bargaining Congress. In addition to serving as co-editor of the Academe blog, I am also a member of the editorial board of Academe and have been a guest editor for an issue of the magazine on collective bargaining strategies. As co-chair of the Ohio Conference's Communication Committee, I began to do much more overtly political writing during the campaign to repeal Ohio's Senate Bill 5, which would have eliminated the right of faculty to be unionized. I have sustained that activism, and at the risk of stating the obvious, I have very much enjoyed contributing to the Academe Blog and to our chapter blog. I also maintain several other blogs to which I have re-posted, by topic, my posts to the Academe blog, as well as some other items.

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