One who intends to leave others better off for his having existed.

12/30/09

Have Some Greensboro City Council Members Violated the Prudent Man Rule?

Prudent Man Rule


 


An investment standard…to govern the action of those responsible


 for investing money for other people.


 


The fiduciary is required to act as a prudent man or woman would


in regards to investing monies of others.


 


Bloomberg Financial Definition

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