Let's start with the settlement between Bill Gross and his prior employer, PIMCO. If public accounts are accepted, Gross is receiving a settlement payment in the vicinity of $80M. Since it is hard to believe that PIMCO, and their owners, Allianz, the German insurer, are in the habit of throwing money around for no good reason, it appears that Mr. Gross may have had a more than colorable case. At the least, the discovery process would have provided some fascinating insights in terms of emails and phone records, into the PIMCO culture.