Foreign Currency Consultants Closes FX Advisory Service

SERVICES

Things are tough all over, but times are particularly difficult for the bevy of financial services companies that feed foreign exchange departments. In what clearly has become a sign of the times, Los Angeles-based foreign exchange advisory service Foreign Currency Consultants, Inc. (FCC) shut its doors last month.

"About a month ago we realized that we were trying to revive a dead horse," says FCC founder and president Remus Cadar. "I was in it for 20 years and I figured that I did what I

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