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Spitzer...Now, Mutual Funds Feel the Heat of Scandal

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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-03 07:03 AM
Original message
Spitzer...Now, Mutual Funds Feel the Heat of Scandal
Edited on Mon Sep-15-03 07:11 AM by ElsewheresDaughter
today Spitzer filed charges...expect bad #s for market today

http://www.newsday.com/business/ny-bzfundx3452908sep14,0,3932057.story?coll=ny-business-headlinesNew

snip
York State Attorney General Eliot Spitzer has launched a probe of the mutual fund industry, and regulators have sent subpoenas to the 80 largest firms. Spitzer wants to know if fund managers have been extending special treatment to high-rolling hedge funds at the expense of regular investors.

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LosinIt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-03 08:31 AM
Response to Original message
1. of course they have, don't be silly
go Eliot, you rock.
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Beetwasher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-03 08:36 AM
Response to Original message
2. This man is one of the single most tireless and dogged
Edited on Mon Sep-15-03 08:37 AM by Beetwasher
individuals that ever existed. Damn, he rocks like no one I've ever seen...He's the reincarnation of David...He'd doing the Federal Govt's job because Johnny Ass refuses to do it and would rather bust Tommy Chong...
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realFedUp Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-03 09:09 AM
Response to Reply #2
3. I hope there are more working on this stuff than Elliot
Bless him, but hope there are others working as
diligently.

And Cramer, you've sold your soul to sit next
to Krudlow.
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Nottingham Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-03 11:41 AM
Response to Original message
4. Spitzer is the ONLY one prosecuting these crooks!
I almost want Spitzer to run for President if he wasn't so busy!

Where is the SEC Aschcroft and others prosecuting these Theives

just a little Attorney General of New York! :bounce:

Spitzer Rocks! :bounce:
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