Contributed by FO | July 23, 2006 07:04 PM PST
Brooke Masters of the Washington Post has an article ("Tipster Set Fund Scandal Snowballing") about how a series of "drop a dime" calls to Eliot Spitzer's office resulted in an investigation of the mutual funds industry, and related hedge funds. The tipster, Noreen Harrington, a former Goldman Sachs trader, lifted the covers on after-hours trading and other market-timing tactics, and blew the whistle. It's a very interesting story, and it's told in language that non-traders can understand. Read the article here.
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"pfblog reader" left a few comments and questions on an earlier post ("Bait and Switch: USAA Federal Savings Bank"). Despite the fact that USAA is raising fees as much as 400%, he or she seems to be supportive of USAA. He/she suggests there may be ... Read
Spammed by Vanguard! (May 19, 2006)
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