1 posted on
11/02/2003 5:12:05 AM PST by
Liz
To: SolidSupplySide; SierraWasp; Grampa Dave; Pearls Before Swine; arete; Tauzero; kezekiel; ...
Terry Keenan on mutuals.
2 posted on
11/02/2003 5:14:00 AM PST by
Liz
To: Liz
Great-Oompa Charles Ponzi has tens of thousands of grandchildren.
Each one understands the vital importance of not being the last one in, so they work concertedly to maintain the sham ad not cause any panic for the exits or chilling of the popcorn poppers known as retirement plans.
Expect grand news and humoungous puffery about the vitality of the stock market!
3 posted on
11/02/2003 5:21:31 AM PST by
bvw
To: Liz
With more than 40 percent of all U.S. stock holdings controlled by just 20 huge investors
So much for "free market" fantasies.
5 posted on
11/02/2003 5:31:09 AM PST by
ARCADIA
(Abuse of power comes as no surprise)
To: Liz
Good article. Thanks for posting it.
6 posted on
11/02/2003 5:34:15 AM PST by
PGalt
To: Liz
Good, informative article. Thanks.
11 posted on
11/02/2003 6:26:53 AM PST by
DoctorMichael
(Thats my story, and I'm sticking to it.)
To: Liz
I'm suprised that there's no mention of Putnam's mounting troubles.
To: Liz
Indexing and index funds are also a big part of the problem. They blindly place their money into the 100 to 3000 stocks that comprise the market index that they're supposed to invest in. Doubt that they do much of anything other than rubberstamp management's proposals on the proxy statement.
13 posted on
11/02/2003 6:48:53 AM PST by
lchoro
To: Liz
I've got most of my retirement in Strong. Lately, they've been kicking a.. on returns.
To: Liz; rohry; Wyatt's Torch; arete; meyer; DarkWaters; STONEWALLS; TigerLikesRooster; Ken H; ...
Richard Strong, a man who turned the fund company that bears his name into an $800 million personal fortune. Not content with that piggy bank, Strong now admits to improper trades that netted him an additional $600,000 at the expense of the little guys Greed is good, Richard increased his net worth 0.00075%.
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