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In 1974, he accepted a job with Max Heine [3] at Mutual Series. In 1982, he became a full partner [5] and when Heine died in 1988, became the president and chairman. In 1995, with his mutual fund, he famously took a position in Chase Manhattan Bank of 11 million shares or 6.1% of their stock to force them "to sell divisions or take other actions" to find a buyer to elevate the value of their ...
Junto (club) The Junto, also known as the Leather Apron Club, was a club for mutual improvement established in 1727 by Benjamin Franklin in Philadelphia. The Leather Apron Club's purpose was to debate questions of morals, politics, and natural philosophy, and to exchange knowledge of business affairs.
The Albany Plan of Union was a rejected plan to create a unified government for the Thirteen Colonies at the Albany Congress on July 10, 1754 in Albany, New York. The plan was suggested by Benjamin Franklin, then a senior leader (age 48) and a delegate from Pennsylvania. Franklin spent much time among the Iroquois in an attempt to convince them ...
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Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin ...
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The Philadelphia Contributionship (TPC) was founded in 1752, largely through the efforts of Benjamin Franklin. It was structured as a mutual insurance organization, providing fire insurance to a limited area in and around Philadelphia. It introduced several key principles that underpin modern insurance techniques, including inspecting ...
MFS Investment Management (MFS) is an American-based global investment manager, formerly known as Massachusetts Financial Services. Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund. [1] The first mutual fund, the Massachusetts Investors Trust fund, is still ...