Word: brossman
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Dates: during 1990-1990
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Analysts are cautiously optimistic about the proposal. Says Larry Brossman, vice president of Duff & Phelps, a credit-rating company: "It may lead the way for others not in as much trouble as Equitable." The unknown element: the nearly 3 million policyholders whom Equitable hopes to convert to shareholders by getting them to vote yes for the plan...
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