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Originally Posted by Cannon Shell
The tip off should have been the accounting firm that signed off on the books was a one room operation that could never had the staffing to handle an account of that size and scope. The SEC blew it. But foreign investors wont hesitate to invest in the US because of this. People with money are desperate to find any place where they wont continue to lose. Our economy is bad but overseas there are much worse.
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I hope your wrong because in my 401k I've got all international funds
I'm one of only a few guys at work to that turned a profit on my 401k last year. Although it was a small one it still made money. With such large funds why don't they make more than one company in charge of tracking money?