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Old 12-18-2008, 05:59 AM
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jms62 jms62 is offline
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Quote:
Originally Posted by packerbacker7964
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?
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Old 12-18-2008, 09:18 AM
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Holland Hacker Holland Hacker is offline
Narragansett Park
 
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Location: Western New Jersey
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As a CPA I wonder what the fall out from this will be on the profession.

http://money.cnn.com/2008/12/17/news...ion=2008121720

How can an individual be such a scumbag and down right liar, I know the answer is $$$$$$.
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Old 12-18-2008, 09:40 AM
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There's a column on this in the WSJ today discussing how the SEC in particular isn't necessarily in the business of finding fraud of this nature. Maybe they should be? In any event, the column is by Holman Jenkins if you have the paper copy.
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