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Janus will rebound

About 2 pages (683 words)

The Milwaukee Journal Sentinel, December 9th, 2001

Janus will rebound, CEO insists

Bailey says customers will be rewarded for sticking with beleaguered firm

Associated Press

Sunday, December 9, 2001

New York -- Thomas Bailey, the billionaire chief executive officer of Janus Capital Corp., says the 4 million mutual fund investors who stuck with the Denver- based fund company through two years of losses will be rewarded.

"We will be back. I guarantee it," Bailey, 64, said at the firm's annual news briefing. "We believe in the research process. It will result in better numbers. As you do that over a period of time, you restore the confidence...

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