After a year, investors say they will never forget Franklin fiasco

Some debt investors will never forget this date: April 23. Exactly a year ago they saw their investments go out of their reach when Franklin Templeton decided to shut its six debt schemes. Some had big plans with their investments while some were planning to utilize the money for their daily needs. A 45-year-old employee in a financial services company was in for a rude shock when a large sum he had kept for the down payment of his new house in