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Wages of scandal: Putnam on the block?(FundReporter)(Putnam Investments Inc.)(Brief Article)
Research, January, 2005
WHILE THE INSURANCE flap has corporate parent Marsh & McLennan reeling and laying off thousands, fund unit Putnam Investments has also trimmed its payroll by about 11 percent over the last year.
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The most recent round, the biggest after regulators started to dig into the now-infamous market timing activities at the firm, left 100 people with pink ...
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