Washington Post: Mandell quoted on dangers of debt

Release Date: October 8, 2006 This content is archived.

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A syndicated personal-finance column in The Washington Post on the dangers of debt quotes Lewis Mandell, professor of finance and managerial economics, who says, "While a savings account may be free of default risk, it has no guaranteed return since rates may go down tomorrow and you may end up getting only 3 percent or 2 percent on your money." Go to article.

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