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(Studio: Dan Rather) Report introduced.
(Studio: Anthony Mason) The Congressional investigation into widespread cheating by mutual funds featured; statistics cited; details given about the resignations of Putnam Investments CEO Lawrence Lasser and Strong Mutual Funds founder Richard Strong. [Massachusetts state treasurer Timothy CAHILL- comments on terminating relations with Putnam.] [Senator Peter FITZGERALD- calls the mutual fund industry the world’s largest skimming operation.] [New York state attorney general Eliot SPITZER- explains losses for investors.]
- Rather, Dan;
- Mason, Anthony
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