Travelers' Tom Jones: Militant On Investments

Travelers taps a former radical to run its $120 billion in assets

On his second day on the job, Thomas W. Jones seems right at home in his plush office at the Travelers Corp.--a long way from his role as a militant student leader at Cornell University in 1969. His office is still unfurnished, but it is prime real estate, with a corner location and panoramic view of the New York harbor--as befits the chief executive of Smith Barney Asset Management, a new division of parent Travelers.

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