So mutual funds whose managers trade frantically will throw off more taxes and become less tax efficient.

Putnam has said it would reimburse the funds in which managers traded improperly.

I think the armchair general managers are trading everybody and putting the guys on the d.l. We'll see what happens.

Finally, the manager of the Penguins traded him to the Vancouver Canucks.

Neither general manager will trade his young players for veteran help for the second half.

The general manager previously traded Dante Bichette, another of the Rockies' sluggers, to Cincinnati.

Forget that Towers would have welcomed a trade for Vaughn last winter; the general manager had already traded the left fielder last summer, to the Yankees.

Many "active" managers are trading less than they did in the past because they have less confidence in the prospects for the stock market.

By definition, bond mutual funds never mature because their managers are always trading; investors may or may not get their principal back when they cash in.

In the last year, Steinbrenner has urged, if not ordered, his general managers to trade Winfield.