Posted on 05/06/2009 12:25:15 PM PDT by massmike
US Rep. Barney Frank (D-Mass.) is probably among the most despised members of Congress these days. As Chairman of the House Banking Committee, most people have seen his arrogant, condescending manner in various television interviews over the past several months. Well, it turns out that not everyone is upset with ol' Barney. Boston-based Fidelity Investments wants to make sure that Frank wins his next election. So a few weeks ago they "reached out" to him and threw a fund-raiser for Frank at their downtown Boston offices, netting $28,000 for Frank's campaign fund, which was reported in the Boston Herald last week.
(Excerpt) Read more at massresistance.org ...
That’s sick. Disgusting.
take a look at T. Rowe Price if you just do mutual funds. Solid company and their funds generally do better than most fund families.
What do you do in your account? Straight mutual funds or more brokerage and funds or....?
I know nothing bad about Vanguard.
In fact, I highly recommend them. They have excellent customer service, low expense ratios, and good brokerage service.
More demonstrative is
“Prominent homosexual activists lead screaming demonstration, terrorize Boston church sponsoring ex-gay religious event.” http://www.massresistance.org/docs/gen/09b/ParkStreetChurch_0428/index2.html
I am really surprised that Park st., would even have Exodus Int there, as they usually convey that only “seemingly demented” street preachers who preach on Hell get harassed.
“Any suggestions, on this thread or by private message, would be very welcome, as this news makes me want to hurl.”
I am very happy with Schwab, and they do have very good tools. Though I do use a terrific free program that you might be interested in “MedVed” which allows you to view your portfolio tick by tick with all sorts of charting tools, though it will not allow you to follow more than a certain amount of stocks. However I do also have an account with Ameritrade which allows me to follow as many as I want.
Hope this helps. At any rate check out Medved, an extremely useful program.
What they are NOT telling you is that Fidelity administers MANY of the 401K programs for the U.S. government EMPLOYEES!! Conflict of interest here? YOU BETCHA!
Boston-based Fidelity Investments wants to make sure that Frank wins his next election.
I should open an account with them just so I could close it and tell them why.
Exactly, his last two terms he ran unopposed.
Sounds like payola to me.
I have two IRA’s at Fidelity. No more. Tomorrow I am moving them to Schwab.
Fairholme (FAIRX)
I knew a fairly high apparatchik within the organization that was forced out. They told me the Fidelity culture had many Gays within it. With that as a background, this does not suprise me.
Note, this is an opinion that is often discussed amongst investment professionals.
Fidelity is an investment company with a focus on their own funds that carries other funds, where as Schawb is more of a mutual fund super store that also has their own funds....
Fidelity is the name? What a joke.
Fidelity handles my 401K. Or at least they did until now. Noise will be made about this impropriety.
T Rowe Price, perhaps. I've been happy with them over the years. But make sure that they aren't in the same boat as Fidelity also.
BTW, Fidelity handles the 401K program for the government entity known as TVA. That's a big outfit. It would be interesting if Fidelity were to lose such a large number of customers.
Come to think of it, I’ll have to re-read the Hatch act. Fidelity, as the handler of the 401K program of at least one large federal agency, might be subject to the rules regarding political activity as outlined in the hatch act.
I have Vanguard and they have quite a diverse assortment.
Many are young, working at major facilities, I think they have one in Texas and Cleveland.
However, you could ask to speak to their "Registered Principal".
Yes they have one on staff or they have a major SEC violation on their hands, and they have to hand you off to him or her if you ask.
Letting the Registered Principal know of your displeasure with Ned Johnson and his support of Mr. Frank is up to you, however now you are informed....
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