Bill Gross, El-Erian Rumored Replacements For Larry Summers

Zerohedge reports:

Rumor making rounds now that either of Pimco's top two men could replace the man who destroyed Harvard's endowment. Should either of these two be forced to quit Pimco, it would mean that QE would have to be massive to make sure that the Fed is a backstop of last reserve in case the next head of Pimco is unable to replicate his predecessor's success.

Just a reminder, the United States federal government owns Bill Gross a lot of money.