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Thursday, October 25, 2007|
Bill Miller Not Going Anywhere, Says Legg Mason's Chief
Fund manager Bill Miller is staying put at Legg Mason despite two years of not-so-stellar returns. Chip Mason, chairman and CEO of the firm, told Reuters that he has not heard anything about Miller making plans to switch careers, and has no idea where the talk came from. Reuters says speculation has been circulating in the market for weeks now about a career change for Miller, after his returns lagged the S&P 500 for a second year in a row.
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