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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. Gross told Reuters that he had "evidence" that El-Erian "wrote" a February 24 article in the Journal, which described the worsening relationship between the two men as Pimco's performance deteriorated last year, including a showdown in which they squared off against each other in front of more than a dozen colleagues at the firm's Newport Beach, California headquarters. Gross, who oversaw more than $1.91 trillion in assets as of the end of last year and who is known on Wall Street as the 'Bond King', said in a phone call to Reuters last Friday: "I'm so sick of Mohamed trying to undermine me." When asked if Reuters could see the evidence about El-Erian and the allegation he was involved in the article, Gross said: "You're on his side.
By Mike Hutchings PRETORIA (Reuters) - Around 10 minutes after shooting dead his model girlfriend through a locked toilet door, South African track star Oscar Pistorius told a housing estate security guard "everything is fine", his murder trial heard on Friday. Testifying on the fifth day of the trial at the Pretoria High Court, Pieter Baba, who was on guard duty the night Pistorius killed 29-year-old Reeva Steenkamp, said he received a call from the athlete at 3:21 a.m., around five minutes after Steenkamp was shot. Pistorius was too upset to say anything on the call, Baba said, speaking in Afrikaans through an interpreter. However, when Baba - concerned that something was wrong - called him back a few minutes later, Pistorius told him: "Security, everything is fine." Baba delivered the quote in English.