He said the banking company expected to make arrangements that would eliminate the 4.35 percent "floor," the minimum rate promised investors.

He has promised investors that sales and earnings per share would grow 20 percent or more a year until 2005.

Mutual funds, which promise investors they can cash in shares at any time, had to sell $750 million of stock into a collapsing market.

Three years ago, it promised investors that it would report fully on its ownership structure, but has yet to do so.

He promised investors they would make 10 to 26 percent commissions every month.

Prosecutors said the three had promised investors up to 22 percent interest a year, although the businesses were insolvent.

Disney executives, for their part, say the company is on track to deliver what it has promised investors.

Webvan promised investors that it could become profitable in each market in 15 months.

Merrill's management has promised investors that it would increase the profit margins of its main businesses by 2003.

He promised potential investors that if they came to Jordan they would find a reduced bureaucracy and almost instant connections.