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Friday, September 19, 2008

Lynch Gives His Two Cents About Turmoil

by: Erin Kello

Legendary Fidelity Fund Manager Peter Lynch is speaking out about the recent market turmoil. The Boston Globe's Ross Kerber reports that Lynch compares the recent malaise to that of the early 90's, when banks collapsed and lending was in a deep freeze. Lynch is generally optimistic though, telling Kerber that strong companies will prevail in the end.  

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