Market Moralist ( Jack Bogle, Vanguard Fund founder)

http://www.philly.com/philly/hp/news_update/20081019_Market_Moralist.html ^ | October 19,2008 | Art Carey

[gusopol3]

But in Philadelphia, where he has lived since 1945, and where he built one of the region's largest, most successful businesses (Vanguard has 12,000 employees and oversees nearly $1.2 trillion in assets), and where he helped foster the National Constitution Center, serving as its chairman for nearly eight years, Bogle is less known than, say, Bill Giles of the Phillies or Brian Roberts of Comcast.

No doubt many Philadelphians would be surprised to learn that in 1999 Fortune magazine named Bogle one of the investment industry's four giants of the 20th century, and that in 2004 Time magazine included him in its first list of the 100 most powerful and influential people in the world.

[gusopol3]

He's for Obama-- go figure. He calls his upcoming book Enough, which by chance or choice was Obama's convention speech one-liner theme. The quisling Smerconish had him on the show shortly after the convention and will host him at one of his book clubs.

[Carley]

Vanguard has been charged with investing in illegal offshore gambling businesses.

At one time their funds were so sought after that many had to close to new investors.

Now there are endless ads for Vanguard on the radio every single day.

[balls]

The media loves this guy. His campaign against managed funds so obviously feeds his ego, but the media hangs on every word. If I don’t want managed funds, I can now do better than Vanguard and go with ETFs.

[VOA]

He's for Obama-- go figure.

Live long enough...and dementia will finally get at ya'
Even Bogle.