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1 posted on 11/02/2003 5:12:05 AM PST by Liz
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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
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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
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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)
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To: Liz
Good article. Thanks for posting it.
6 posted on 11/02/2003 5:34:15 AM PST by PGalt
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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.)
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To: Liz
I'm suprised that there's no mention of Putnam's mounting troubles.
12 posted on 11/02/2003 6:30:56 AM PST by ninonitti
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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
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To: Liz
I've got most of my retirement in Strong. Lately, they've been kicking a.. on returns.
14 posted on 11/02/2003 6:55:53 AM PST by Eric in the Ozarks
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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%.

19 posted on 11/02/2003 9:37:20 AM PST by razorback-bert
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