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   The insiders' edge for 40 Act industry executives!
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Tuesday, December 7, 1999 X.com Names Former Intuit Boss CEO X.com, the second venture from Internet emntrepeneur Elon Musk, will go live later in the week. It will intitially offer access to online banking services and its propietary family of index mutual funds, for which it recently hired David Story as head of its asset management division. Story had previously been executive vice president of Montgomery Asset Management.
"In an electronic age, consumers and businesses should have electronic control of their money. It should be easy, inexpensive and instant," said Harris. "Elon Musk has created X.com around that vision, and I am thrilled to be joining him on this mission. The world is on the cusp of historic changes in the financial sector, and we hope to help drive that change." The company plans to include a broader range of services in the future including integrated brokerage and insurance services. Printed from: MFWire.com/story.asp?s=25261 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |