Muriel Siebert & Co.

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Wilbur Ross Prepares $1 Billion PPIP Investment

Apr 28, 2009By

[Update 1 clarifies Wilbur Ross’ relation to WL Ross.] Invesco [stock IVZ][/stock] and its wholly-owned subsidiary WL Ross, chaired by investment giant Wilbur Ross, on Monday made preparations to invest up to $1bn in the government’s Public-Private Investment Program (PPIP).

3d rendering of a row of luxury townhouses along a street

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