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Some Basic Answers On Swift Methods For Commercial Financing

The issue was that the funds sub-advisor had chased higher yields, a bet that failed amid the market collapse, permanently impairing the fund as a result. One more thing to note: The biggest group of investors in this fund consisted of Walmart employees, not wealthy individuals who could easily weather the loss. But let me back up. Id joined Bank of America after getting fired from Citigroup for partially reimbursing clients for alternative investments that had been sold as low-risk but wound up losing most of their value in the market downturn. I broke with my CEO; it was public and it was ugly. So the pain of that decision was pretty fresh, and as you http://www.macon.com/news/business/article125501144.html can imagine, I wasnt particularly excited to gamble my job yet again on what I considered to have been a principled decision. Again and again, I got the advice to keep my head down and do nothing. I began by talking to people inside the company and within my own network to see what options I had. One guy I spoke tosomebody so senior he was considered an industry titandismissed the very idea of there being options.

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