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JBS Reported Stalking Sarah Lee

Dec 20, 2010

Sara Lee is considering selling itself to Brazilian meat producer JBS, according to the Wall Street Journal, which cites sources familiar with the situation....

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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