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To: Bucky Katt who wrote (15050)11/1/2003 3:28:12 AM
From: Dale Baker  Read Replies (2) | Respond to of 48461
 
The mutual fund industry is possibly the largest, most successful con job ever perpetrated on the American people. The fact that the Washington pols let it run amok is hardly surprising these days.

They are self-serving thieves with only one goal in life, to line their pockets with client funds raked out in "fees".

Why would anyone invest their money with a bunch of managers who have zero incentive to make money for the investor? Commissions and fees are all that count. Put them on a performance-based revenue system and listen to them howl and scream.

The mutual fund industry - a game for sheep and fools.



To: Bucky Katt who wrote (15050)11/1/2003 8:51:51 AM
From: tsigprofit  Respond to of 48461
 
funds - well, it seems like more of the same to clean
out after Enron, Kennie Lay (remember - the guy who let
Bush use his private plane to campaign on? Bush used Lay's planes more than any other mode while campaigning - still wondering when the so called "liberal" press is going to expose all of this...)

I think the big fish continue to swim freely, all the way
up to the White House...

We see Martha Stewart, and the big man at toga parties, but
they are just distractions, pieces of bait thrown to us and the media to keep us from going after the real culprits.