There were two articles in the Saturday WSJ today. One was an interview with Thorpe and Pimco's bond manager, a Thorpe student.
I couldn't find the link for the Thorpe interview. If you have a WSJ password, please go online and post the article link for others - to read it you'll need an online membership, I believe.
Interesting flip side article. Thorpe talks about Kelly and risk of ruin due to being over leveraged. The other article is about the over leveraged project on th strip - the Cosmopolitan. I guess they didn't consult the Maestro.