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Fidelity Fought Washington Over Money Market Mutual Funds---And Won

FYI: Abigail P. Johnson, the billionaire president and CEO of Fidelity Investments, epitomizes the quiet, old-money side of the Boston mutual fund world. With her understated, publicity-shy manner, messy Washington politics would not seem to be her thing.
But when she arrived at the soaring glass lobby of the Securities and Exchange Commission, Johnson was showing another facet of the Fidelity image: its political power, which flows from the forceful personality of her father, Fidelity chairman Edward “Ned’’ C. Johnson 3d, and the financial might of her vast enterprise.
Regards,
Ted
http://www.bostonglobe.com/news/politics/2014/10/18/with-aggressive-strategy-fidelity-fought-washington-over-money-market-funds-and-won/3ZbsOGsb9rfMuPpx2wx58H/story.html
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