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To: Liz; all; miss marple; howlin; d14truth; shermy; black jade; ernest at the beach
My wife had a considerable amount of her IRA invested in the Total Return, bond fund of Met West. The fund had done well for years and suddenly started to under perform its competition Pimco's and Vanguard's similiar bond funds. We had decided to sell all shares and reinvest in Pimco and Vanguard.

I think that the word was out on the street, and the good retirement fund managers were bailing out before the rest of us found out that Met West was going to pay Goron an outrageous sum just to have his name on their Marquee.

The day after we sold them, the news that Met West had hired Goron who could not even spell nor pronounce bonds came out. He was to get an outrageous salary for not even working. He admitted that he had tried other Wall Street Firms with a wink and a hand shake to get the outrageous pay to build back his campaign chest for a try in 2004. All of the major Wall Street Firms told him to take a hike. His old buddies at Met West decided to buy him him.

This is even worse with the smart criminal, the Clintoon becoming a phoney investment guy.

The people who will get screwed on this will be the people who work for states/counties/cities and their retirement fund has investment in this trash. Since 99.999999999999999% of these people are card carrying Rat voting cult members, so be it!

97 posted on 04/11/2002 8:15:14 AM PDT by Grampa Dave
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To: Grampa Dave
Clinton ROBBED the Arkansas TEACHERS UNION Pension and he Arkansas Developement Fund.....Burkle KNOWS this, so it looks like they are BOTH out to rob the hillbillies and Urban Dwellers (read black)...his OWN voters and KoolAid drinkers. Maybe THEN they will see him for what he is.
108 posted on 04/11/2002 8:43:46 AM PDT by Ann Archy
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