Search results
Results from the WOW.Com Content Network
On September 3, 2003, New York Attorney General Eliot Spitzer announced the issuance of a complaint against New Jersey hedge fund company Canary Capital Partners LLC, charging that they had engaged in "late trading" in collusion with Bank of America 's Nations Funds. Bank of America is charged with permitting Canary to purchase mutual fund ...
Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts, it has offices in London, Tokyo, Frankfurt, Sydney, and Singapore. Putnam is currently a subsidiary of Franklin Templeton Investments.
On June 16, 2009, Judge Burton Lifland approved the settlement between Picard and Banco Santander SA's Optimal Investment Services. The Optimal SUS fund, one of Madoff's largest feeder funds, agreed to pay $235 million, about 85% of the $285 million that the Geneva-based hedge fund group redeemed in the 90 days before Madoff was arrested. As of ...
Bernie Madoff. Participants in the Madoff investment scandal included employees of Bernard Madoff 's investment firm with specific knowledge of the Ponzi scheme, a three-person accounting firm that assembled his reports, and a network of feeder funds that invested their clients' money with Madoff while collecting significant fees.
Putnam County Auditor Robert Benroth on Tuesday awarded $6,000 in settlement funds the county received to be split between the Ottawa Food Pantry and Lords Food Pantry in Columbus Grove.
6 Main Types of Mutual Funds. There are six major types of mutual funds: stock funds, bond funds, money market funds, index funds, sector funds and balanced funds. Read on to learn about each type ...
He then joined Putnam Investments as co-lead of the investment division. In the wake of the Mutual fund scandal of 2003, he was appointed President and CEO of Putnam and has since led the company forward in reorganization, compliance, and enhanced disclosure. Having stabilized the business, Haldeman led an initiative to sell the company.
Mutual funds and life insurance. Equity Funding Corporation of America was a Los Angeles -based U.S. financial conglomerate that marketed a package of mutual funds and life insurance to private individuals in the 1960s and 70s. It collapsed in scandal in 1973 after former employee Ronald Secrist and securities analyst Ray Dirks blew the whistle ...