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THIS PROGRAM CLOSED 03-28-2011
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Hi, I went through the page a couple of hours ago. Adding to your finding: since the site states the company was founded in 1999, I made a simple google search. Nothing interesting, but I found a fresh article about Western Asset Management:
http://www.efinancialnews.com/story/2010-11-03/ld-pension-mandates
Going through the hits I was wondering who calls a company simply Asset Management Inc.??? Normally there is a name infront to differentiate from other asset management companies…
Gabby, it seems to me the answer to your second question is obvious. A company goes by a generic name such as Asset Management when they don’t necessarily want to be distinguished from other companies and when they want to generate hits from those other companies.
It’s obvious to me that Asset Management is not a legitimate company. Anyone investing in this HYIP should realize the risk and understand that the program is not going to last forever. There’s a chance the program could last and become profitable, but at the same time the program may close before investors realize profit.
OK. Thanks!