Symbols of the Federal Bureau of Investigation of the FBI; the red stripes stand for courage, valor, and strength, while the white ones represent light, cleanliness, and truth. Below the wreath and shield is a scroll bearing the words "Fidelity, Bravery, Integrity". This slogan, which was devised in 1935 by FBI Inspector W.H. Drane Lester, describes the high moral standards and high level of motivation the FBI expects from its staff. It also reflects the Bureau's own initials as a "backronym" of sorts. However, a "Newsweek" article from 2008 credits Edward Allen Tamm, once a top aide to J. Edgar Hoover who regularly briefed President Franklin Roosevelt
Fidelity Investments to institutional cryptoasset custody and cryptocurrency trading. FMR has three fund divisions: Equity (headquartered in Boston, Massachusetts), High-Income (headquartered in Boston) and Fixed-Income (headquartered in Merrimack, New Hampshire). The company's largest equity mutual fund is Fidelity Contrafund, which has $107.4 billion in assets, making it the largest non-indexed fund in the US. The current manager of Contrafund is William Danoff. Fidelity Magellan is another large equity fund, with $15.5 billion in assets. Its current manager is Jeffrey Feingold, who also manages the Fidelity Trend Fund. It was previously managed by Ned Johnson from May 2, 1963 to Dec. 31, 1971,