Ramani Ayer, chief executive at the
Hartford, is giving stakeholders a bit of good news. In a
letter, Ayer tells stakeholders that the company's "mutual funds businesses have delivered solid deposits in this difficult environment." Last week Hartford was accepted into the government's TARP program. Ayer said that he was "pleased" with Treasury decision's decision to send the firm $3.4 billion in bailout cash.(see
MFWire 5/15/09)
 
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