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The price tag for Ken Fisher’s lewd remarks: nearly $1 billion, and counting

From marketwatch.com

When noted wealth manager Ken Fisher faced criticism for off-color comments at a financial services conference, he initially brushed off the backlash. As the furor grew, he apologized. But now it’s starting to hit home. On Wednesday, the City of Boston pulled about $248 million in pension funds from Fisher Investments. Previously, Michigan’s state pension fund pulled about $600 million, and Philadelphia divested about $54 million. The exodus may not be over. Reuters reported that the city of Los Angeles was also re-considering its relationship with Fisher. “As with other pension funds, we are very concerned with the ... (full story)

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