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In 2003, the bank won an assignment to manage part of the city's $500 million in cash; later that year, Commerce received deposits of $52.5 million, the indictment said, including some that were withdrawn from a competitor.
The trend is exposing years of mistakes by employees, raising some questions about proposals to permit Americans to manage part of their Social Security accounts and clouding the future of many employees' nest eggs for retirement.
The trend is making visible years of mistakes by employees, raising some questions about plans to allow Americans to manage part of their Social Security accounts and clouding the future of many employees' nest eggs for retirement.
New Jersey's plan to allow private investment firms to manage part of its $68 billion pension portfolio has been stalled by a fierce political battle over restrictions that would forbid campaign donors to vie for the lucrative contracts to oversee retirees' funds.
Lima will only manage part of your files for now.
The thinking is that these types of customers will be more comfortable having another startup manage part of their savings.
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More than 100 asset managers submitted bids to Mr. Kashkari on Wednesday, seeking to manage parts of the portfolio that the Treasury Department will eventually acquire, according to two industry representatives who have been in contact with Treasury officials.
The Federal Deposit Insurance Corporation would step in as receiver, with the power to sell the company's assets and liabilities, or to hold and manage parts of the business until a sale became possible.
Telecommunications experts say that customer confidence is particularly crucial in the lucrative segments where WorldCom and its rivals manage parts of customers' data and voice operations or provide other services beyond simply transmitting calls or information.
Sauter and comanager Joel Dickson also manage parts of other active Vanguard funds, including the large-cap Morgan Growth Fund and the small-cap Explorer Fund.
Further, the IDC data show that organizations are adding Linux to manage parts of their networks rather than replacing Microsoft's Windows NT or Novell's novl Netware as the main network operating system, Peterson says.
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