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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (56662)4/20/1999 11:23:00 AM
From: ForYourEyesOnly  Read Replies (2) | Respond to of 132070
 
The funds business is actually quite "dirty" when you look at it in that light....

*When things go well, the manager gets a huge cut of "extraordinary profits"
*When things to to h*ll, the manager collects his salary, but is free from responsibility for the "extraordinary losses" (ggg).

I would not agree to such a system unless the manager is willing to take the losses along with the "profits".......what a sham!!!

THC