The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Ned's Letter Gets Triple Press Play Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 25, 2009

Ned's Letter Gets Triple Press Play

by: Erin Kello

Fidelity chairman and CEO Ned Johnson's letter to shareholders in the firm's annual report was picked up by various media outlets, including the Wall Street Journal and two Boston papers.

In the WSJ Fund Track Jennifer Levitz focuses on Johnson's disparaging remarks about the financial-services industry's behavior in 2008. Johnson wrote that 2008 was a "period laced with toxic investment waste and the casual use of other people's money by a number of institutions."

The Boston Globe's Ross Kerber also zeroed in on Johnson's comments about the errant decisions of other financial institutions that contributed to the current state of the economy.

Jay Fitzgerald of the Boston Herald took a slightly different route, instead focusing on Johnson's comments on the Obama administration's "New Deal II." In the letter, Johnson warned that in the course of trying to cure the ailments of the economy, the government should make sure it "doesn’t further sicken the patient.”  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use