Memo #
1506
REPLY TO WALL STREET JOURNAL STORY OCTOBER 27, 1989: "INVESTORS YANK BILLIONS FROM JUNK FUNDS"
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October 31, 1989
TO: BOARD OF GOVERNORS NO. 67-89
MEMBERS - ONE PER COMPLEX NO. 34-89
DIRECT MARKETING COMMITTEE NO. 33-89
PUBLIC INFORMATION COMMITTEE NO. 30-89
SALES FORCE MARKETING COMMITTEE NO. 33-89
SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 27-89
RE: Reply to Wall Street Journal Story October 27, 1989:
"Investors Yank Billions From Junk Funds"
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Enclosed is a letter to the Managing Editor of the Wall
Street Journal protesting the recent inaccurate reporting on high
yield bond funds.
L. Erick Kanter
Vice President
Public Information and
Marketing