[george76]

If $100 had been invested in FBR Group Dec. 31, 2003, it would’ve been worth 17 cents on Dec. 31, 2008.

[raybbr]

If $100 had been invested in FBR Group Dec. 31, 2003, it would’ve been worth 17 cents on Dec. 31, 2008.

That's gotta be worth millions in bonuses.

[SunkenCiv]

Perfect, I need a long term capital loss offset. /not

[Grampa Dave]

Here is another great mutual fund investment from this group, FBRIX:

NAV as of 05/01/2009 1.90
Morningstar Category Mid-Cap Growth
12 Month Low-High $1.43-$9.72
Net Assets ($M) as of 12/31/2008 $13.10
Minimum to Invest $1,000,000.00 ($1,000,000.00 for IRA)
Transaction Fee (online) $75.00

You only need a minimun of a Million $’s to invest, and they have the chutzpa to charge $75 for the transaction.

We owned their small cap stock in the first 5+ years.

I started selling in 2007 and disposed of it that year. I think it may have made the lemon list.

One of FBR’s favorite investments was the whoreacle from Omaha’s fund, Berkshire.