American Beacon also manages many of the investment options offered within the AMR 401(k) plan.

FORBES: Conflicts Abound at American Airlines' Pension and 401(k) Plans

We apply that same investment expertise to the methodology of the American Beacon Funds.

FORBES: Conflicts Abound at American Airlines' Pension and 401(k) Plans

American Beacon also sent investors emails saying that it had no AIG paper.

WSJ: Mutual Funds Seeing a Muted Reaction

American Beacon was created in 1986 by American Airlines to provide short-term cash management services to AMR and its employee retirement plans.

FORBES: Conflicts Abound at American Airlines' Pension and 401(k) Plans

At American Beacon Funds, Brian Brett, vice president of sales and marketing, said that the phones had been "pretty quiet" Monday morning.

WSJ: Mutual Funds Seeing a Muted Reaction

In other words, with respect to these funds, American Beacon is merely a middleman a dispensable intermediary whose fees could presumably be eliminated by contracting directly with the underlying advisers.

FORBES: Conflicts Abound at American Airlines' Pension and 401(k) Plans

Mr. Brett attributed this in part to the fact that American Beacon had sent its clients emails on Sunday night and Monday morning to tell them that it had no Lehman paper in its money-market funds, which it manages directly.

WSJ: Mutual Funds Seeing a Muted Reaction

It was not that long ago that First Solar was considered the beacon of American innovation.

FORBES: China Almost Kills Premier U.S. Solar Company

He had seen the movie Young Man with a Horn with Kirk Douglas, and African-American jazz was a beacon of freedom to him.

NPR: Hugh Masekela at the Tanglewood Jazz Festival

In a speech on July 4th, Mr Bush rightly noted that American ideals have been a beacon of hope to others around the world.

ECONOMIST: Fighting terrorism