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Eddie was the lead and central character in the marketing campaign of the Principal Financial Group from 2005 to 2015. Eddie's television and print ads often depicted him facing challenges and using the Principal Edge logo to solve his financial, business, and everyday life problems.
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Payne is the chief executive officer and principal financial analyst of Wall Street Strategies, [5] a stock market research firm he founded in 1991. [ 6 ] In 1999, Payne settled with the SEC over a complaint alleging that on at least eight occasions, Wall Street Strategies recommended that its clients purchase members stock through recorded ...
Six weeks later, the Principal Group filed for bankruptcy, [1] owing more than 67,000 investors approximately $468 million ($1.07 billion today). [3] Calgary lawyer William Code [4] was appointed in 1987 to conduct an inquiry into the financial affairs of the corporation, the findings of which were released in July 1989. [5]
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The Dow Jones Industrial Average was down nearly half a percent at the close, while the Nasdaq Composite Index, which contains more technology stocks, cut early losses to close just 0.2% lower ...