Mohamed El-Erian Quotes


I remember when I was growing up, you would go to a bank to open a deposit, and they'd give you a toaster. A free toaster. These days, if you're a company, and you go to a bank, they could easily turn you away! They don't want your deposits anymore.


Citations

El-Erian, Mohamed A. "The Economic and Market Consequences of Global Divergence." CFA Institute Annual Conference, CFA Institute, May 2016.

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Mohamed El-Erian
Mohamed El-Erian
  • Born: August 19, 1958
  • Nationality: Egyptian
  • Profession: Businessman

Mohamed Aly El-Erian is an Egyptian-American businessman. He is President of Queens' College, Cambridge and chief economic adviser at Allianz, the corporate parent of PIMCO where he was CEO and co-chief investment officer (2007–2014). He was chair of President Obama's Global Development Council (2012–17), and is a columnist for Bloomberg View, and a contributing editor to the Financial Times.