Ignites.com reported: "The investor exodus had begun in earnest, and eventually would add up to $40 billion in outflows, knocking Putnam from the fifth biggest mutual fund company down to sixth."
How does a company lose 40 BILLION bucks and move down 1 spot, from 5th to 6th? Sheesh, I thought they'd be kicked off of the top 10 at least.
Talk to you next year!
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