Legg Mason's Fetting on Fiscal First-Quarter Profit

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July 28 (Bloomberg) -- Mark Fetting, chief executive officer of Legg Mason Inc., talks about the company's fiscal first-quarter profit and the implications of the U.S. debt debate for financial markets. Legg Mason, the Baltimore-based money manager seeking to reverse 15 straight quarters of redemptions, said profit rose 25 percent driven by rising assets in its stock and bond funds. Fetting speaks with Julie Hyman on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)


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