Dollar-in, Not Necessarily a Dollar Out
Feb 5th, 2009 by wintercow20
“People invested thinking you put a dollar in, you got a dollar out,” said Peter Rizzo, an analyst in New York for S&P, which rates 90 investment pools with total assets exceeding $200 billion. “That wasn’t the case.”
That’s my brother in a Bloomberg story about a Florida investment pool failing to attract investors.
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