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October 30, 2008 · 9:53AM

Legg Mason To Reduce Staff As Assets Plummet

Legg Mason confirmed Thursday it will cut one-third of the staff at its investment unit, Legg Mason Capital Management, after assets dropped to $28 billion from $59.7 billion at the start of the year. (Bloomberg)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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