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The Minneapolis native led the former independent financial advisory firm Evensen Dodge Inc. for more than three decades overseeing its expansion from a Minnesota-centric firm to a national one with offices on both coasts.
Bad News Bear Sarah Harney | November 2003 Here they go again: Nine years after a borrow-and-invest scheme backfired and plunged Orange County into bankruptcy, officials in the California county are once more talking about borrowing to invest. This time around, however, it won't be a matter of leveraging investment funds to plow into high-risk derivatives, as in the early 1990s. The current proposal is to go to the bond market, raise money at low interest rates to pay down the pension system's unfunded liabilities--and then let pension officials invest the ...