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Treasury to Backstop Reserve Government Fund
November 20, 2008 – The Department of the Treasury will buy any outstanding securities after Jan. 3.
MFS Lays Off 90 People
Fidelity to Lay Off 300 in the U.K.
Hedge Fund Investors Redeem $40 Billion in October
Investment Banks Laying Off Analysts En Masse
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Taking a 360-Degree View Of Investors' Net Worths
With the stock market down 40% in the past year, many investors are reassessing their investments. Many, in fact, are bailing out of equity mutual funds, vowing never to return. With so many of the industry's customers shellshocked, now is the perfect time for mutual fund companies to take a hard look at their product offerings and customer service, too.
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