91.   Another selling point for the fund had been that the managers had the ability to trade options and futures, as well as stocks and bonds.

92.   Any gold fund, of course, is likely to suffer the slings and arrows of a commodity over which the fund managers have no control whatsoever.

93.   As an example, all the managers had to sit through report meetings from all the different departments, regardless of whether the discussion concerned them directly or not.

94.   As a competitor, I wanted to stay in, but the manager has to make that decision.

95.   As a result, many pension fund managers have little experience with futures traders.

96.   As cold as it may sound, he said, managers on Wall Street have an unprecedented opportunity to revamp their businesses after the disaster.

97.   As redemptions have mounted this year -- along with losses for investors as bond prices have plunged -- the managers have not sold enough bonds to keep up.

98.   As the professors found, the best managers have ways of replenishing their energy.

99.   At Scott Paper, operating managers had an extensive understanding of the need for rationalization and how it could be accomplished.

100.   At some point, the calling became so persistent and the conversation turned so partisan that some money managers had had enough.