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Steven Wallman aims to do to the mutual fund industry what Charles Schwab did to the old fixed commission structure--rip it up.
FORBES: Safe at any Speed
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Miri will be fixed inside a cage-like structure called the Integrated Science Instrument Module and positioned just behind the big mirror.
BBC: Science & Environment
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In fact, it sold well despite the bond not having a "step-up" clause, meaning the coupon is fixed permanently, a structure that is considered favorable to the issuer.
WSJ: Perpetual Bond Risk Rises With US Treasury Yields