To Bail or Not to Bail
Green, Paula L., Global Finance
Managers of corporate 401(k) plans invested in US mutual funds have been closely watching the emerging scandals. * By Paula L. Green
Corporate financial executives responsible for billions of dollars of assets in hundreds of thousands of 401(k) plans have been anxiously watching the latest wave of Wall Street financial scandals to hit the mutual fund business. While plan sponsors are not yet making any drastic changes, they are investigating whether the allegations of improper and illegal trading within the trillion-dollar mutual fund industry are affecting their own 401(k) plans, also known as defined contribution plans.
"What do you do when your fund manager is …
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Publication information: Article title: To Bail or Not to Bail. Contributors: Green, Paula L. - Author. Magazine title: Global Finance. Volume: 18. Issue: 1 Publication date: January 2004. Page number: 33. © Global Finance Media Inc. Feb 2009. Provided by ProQuest LLC. All Rights Reserved.
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