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 behalf of owners and other key leaders of Fidelity Investments, has been described as directly competing with Fidelity Investments public funds. A 2016 Reuters investigation identified multiple cases where F-Prime Capital Partners was able to make investments at a fraction of the price of Fidelity Investments. Because of SEC regulations, investments by F-Prime Capital Partners preclude Fidelity from making the same early investments. The investigation describes that this competition forces Fidelity to delay investing until later and at much higher prices than F-Prime Capital Partners, resulting in lower returns for Fidelity fund shareholders. Corporate governance experts have stated that the