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On September 17, 2003, New York Stock Exchange chairman Richard Grasso resigns in the aftermath of the scandal of a $140 million package. On October 28, 2003, the SEC filed enforcement actions against Putnam Investments and two portfolio managers alleging that they portfolio managers were market timing in funds that they managed.
Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts, it has offices in London, Tokyo, Frankfurt, Sydney, and Singapore. [2] Putnam is currently a subsidiary of Franklin Templeton ...
He then joined Putnam Investments as co-lead of the investment division. In the wake of the Mutual fund scandal of 2003, he was appointed President and CEO of Putnam and has since led the company forward in reorganization, compliance, and enhanced disclosure. Having stabilized the business, Haldeman led an initiative to sell the company.
After a few years, Larson moved to Boston to work for Putnam Investments managing bond funds. After two years, Larson left Putnam to run his own fund. Cascade Investment. While trying to buy a Chicago-based money management firm, Larson received a call from a head hunter to work for Bill Gates. The head hunter had heard of Larson from a few ...
April 27, 2024 at 10:47 PM. About 100 people were detained from a pro-Palestinian protest at Northeastern University’s Boston campus Saturday morning, according to university officials. The ...
PanAgora Asset Management, Inc. PanAgora Asset Management (PanAgora) is an American investment management firm based in Boston. The firm is noted for its usage of quantitative analysis in its approach to investing. [2] [3] [4] It is a direct subsidiary of Great-West Lifeco and its ultimate parent is Power Financial. [5]
Ann Putnam (October 18, 1679 – 1716) was a primary accuser, at age 12, at the Salem Witch Trials of Massachusetts during the later portion of 17th-century Colonial America. Born 1679 in Salem Village , Essex County , Massachusetts Bay Colony , she was the eldest child of Thomas (1652–1699) and Ann ( Née Carr) Putnam (1661–1699).
AUM. $16.9 billion [1] Number of employees. 100+ (2022) Website. thl .com. Thomas H. Lee Partners, L.P. is an American private equity firm headquartered in Boston. The firm focuses on investing in middle market growth companies across various sectors, including financial technology, services, healthcare, technology, and business solutions. [2]