Dollar-in, Not Necessarily a Dollar Out
Posted in Money on Feb 5th, 2009
“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.
