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Portfolio manager 5 years of the Liquidity Fund
Between July 1, 1992 and September 30, 1997 the Short term funds, which I managed, did the following business.
- There were $ 168,591,871,000 in trades which averaged $33,718,342,200 per year (yes those are billions)
- The trades were done with 99 different companies
- 15% of the trades were done with 27 minority, disabled and women brokers (non-commercial paper) 55% of them were done with three firms (Llama, Redwood, Sepulveda)
- 65% of the commercial paper was done with 3 direct issuers (Associates, General Electric and Ford)