Insight: Fidelity's expensive debt raises eyebrows


BOSTON (Reuters) - Fidelity Investments gives a select group of employees an unusual perk. It lets them make unsecured loans to the company at annual interest rates that have paid them nearly 20 percent in recent years.

"It was the best investment I could have made," said Ani Chitaley, a former Fidelity senior vice president. "When I left (in 2007) to start my own company, I had to give them up. That was a sad day."

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