Scott Cooley Quotes
These are cyclical stocks. When the economy slows, investors get out. 
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Cyclical | Stocks | Economy | Slows | Investors |
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A lot of the pressure has been brought on managers by the fund companies themselves. They create unrealistic expectations.
- Scott Cooley
To the extent that fund companies had operations in the World Trade Center, they typically have backup files, so there shouldn't be any problems. Beyond that, the question is what happened to key investment personnel, and the initial response seems to be good. Oppenheimer Funds had offices in that building, and most of their personnel seems to be accounted for. And all personnel from Salomon Smith Barney was evacuated from 7 World Trade Center before it collapsed.
- Scott Cooley