Submitted by kvnichols on June 21, 2008

• Category: Business
• Words: 3344
• Pages: 14
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Intersect

Intersect Investment Services has enjoyed a successful business model for the last 25 years. During first part of the year 2001, the Federal Reserve was in the middle of an interest-rate cutting campaign in order to pull the economy out of recession and furthermore, the events around 9/11 terrorism and subsequent middle-east war, and the Enron/WorldCom scandals left the investors skittish towards Wall St. and investments in general (Twin, 2006). Due to these largely unanticipated world events, the Intersect Investment Services business model no longer is viable in terms of revenue growth and profitability. The Chief Executive Officer (CEO) Frank Jeffers has chosen to change the business...

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