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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: sonofhino who wrote (38143)8/8/2005 4:07:56 PM
From: russwinter  Read Replies (1) of 110194
 
I've seen this kind of thing ad nuesuem in these "plans". It's almost as if the financial industry decided to go out and market in the best manner to create a Bubble. Then you end up with all this rather mislabeled and misrepresented hybrid MBS and ABS garbage that the purveyors then declare is "conservative" or are "government securities" or is "stable". Further when you read through the site, as I did with yours, you can never readily determine what these funds actually hold. They say, "For more information on the Stable Value Fund, please contact us or view the Summary Booklet. Well, nothing was in the booklet, and I ain't callin' the salesman. You already know what I think about it.
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