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1 posted on 08/30/2007 3:25:44 PM PDT by stainlessbanner
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To: stainlessbanner

Is this why my mutual fund fees are so high?


2 posted on 08/30/2007 3:27:31 PM PDT by Theo (Global warming "scientists." Pro-evolution "scientists." They're both wrong.)
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To: stainlessbanner

>> The 20 highest-paid fund managers made an average of $657.5 million

I’m not sure I believe that number. Wonder where they got their data.


3 posted on 08/30/2007 3:28:23 PM PDT by Nervous Tick
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To: stainlessbanner

So? They will never know the pleasure of finding a good deal on a can of good generic-brand refried beans at Kroger, nor the immense relief I get when I take a leak on their lawn when passing by (not to mention passing gas). Poor souls. To each his own.


5 posted on 08/30/2007 3:39:20 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: stainlessbanner

Wonder how much top movie stars earn over minimum wage.


6 posted on 08/30/2007 3:41:58 PM PDT by Always Right
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To: stainlessbanner

Is this supposed to rile us up so that we can scream for more taxes on the rich (those making over $80,000 per year)?


7 posted on 08/30/2007 3:42:37 PM PDT by keepitreal
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To: stainlessbanner

The average US salary is under $30,000?


8 posted on 08/30/2007 3:51:35 PM PDT by afortiori
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To: stainlessbanner
Top US fund managers earn 22,255 times average wage

And 80% of the funds under-perform the market indices.

Or so I've heard.
11 posted on 08/30/2007 3:55:19 PM PDT by VOA
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To: stainlessbanner

So if the fund loses money, do they pay in?


14 posted on 08/30/2007 3:59:07 PM PDT by proxy_user
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To: stainlessbanner

Who gives a sh*t how much they make? I hope they make double next year, and the year after that.


15 posted on 08/30/2007 3:59:45 PM PDT by Jaysun (It's outlandishly inappropriate to suggest that I'm wrong.)
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To: stainlessbanner

I’d be willing to bet none of those guys caught 41 bream on his lunch break today.

I did.


18 posted on 08/30/2007 4:02:54 PM PDT by Crawdad (I cried because I had no shoes, until I met a man who had no class.)
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To: stainlessbanner

Hey, if a million people are willing to pay you $600 to manage their money, why shouldn’t you take 600 million to do it?


19 posted on 08/30/2007 4:04:37 PM PDT by Our man in washington
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To: stainlessbanner

All the while, they get to play Monopoly with other people’s money...and whether the fund is a winner or loser, they win!

Plus they are better paid than congress, who plays Monopoly with our lives.


23 posted on 08/30/2007 4:15:23 PM PDT by wizr (A step in Faith will set you free.)
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To: stainlessbanner

Here’s the question we should all be asking: what are the job requirements to be a fund manager?

:^)


25 posted on 08/30/2007 4:28:17 PM PDT by Disambiguator (What's the temperature, Albert?)
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