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Rhumbline Advisers Company

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BUSINESS
October 1, 1998 | Bloomberg News
* AT&T Corp. pension funds lost $150 million in 1996 at the hands of a rogue trader who used the company's money to make risky bets on stock market movements and the technology industry, the Securities and Exchange Commission alleged. The agency disclosed the losses in a disciplinary action against RhumbLine Advisers, a Boston-based money management firm that also manages the retirement fund for Los Angeles city employees.
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BUSINESS
October 1, 1998 | Bloomberg News
* AT&T Corp. pension funds lost $150 million in 1996 at the hands of a rogue trader who used the company's money to make risky bets on stock market movements and the technology industry, the Securities and Exchange Commission alleged. The agency disclosed the losses in a disciplinary action against RhumbLine Advisers, a Boston-based money management firm that also manages the retirement fund for Los Angeles city employees.
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