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6 January 2009

Funds Oppenheimer and Goldman Denies Madoff Due Diligence

Posted by James Breen at 1/6/2009 4:08:00 PM

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Goldman Sachs spokesman Lucas van Praag writes: You have been misled and, as a upshot, have misled your readers.  Goldman Sachs did not work for Mass Mutual/Oppenheimer[Funds] on the asset of Tremont Advisors. We acted for a third crew interested in will against Mass Mutual.  Because we were not tolerable to conduct any due diligence we advised our client against proceeding. Please vacate your legend and set the greatest open as quickly as workable.NakedShorts is not in the trade of ..read more.

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Posted at 16:8 0 comments


28 December 2008

Funds Unclaimed and Solomon Soki -Ministry of Minerals & Energy SA

Posted by James Breen at 12/28/2008 9:18:00 AM

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I found this one on the day before yesterday, rather interesting:

New York State is land 9 billion bucks in unclaimed payouts. Here is how to money in. You could stick one of 23 million unclaimed accounts in New York, which totality $9 billion dollars. Here are the directions. Go to www.osc.confusion.ny.us. Click the "Unclaimed Funds" connect on the better left. Enter your name and the city where you live. If you have unclaimed cash, your name, address and the supply of income will surface. Click the connect associated with the account number, pattern and imbue out the .. read the support part.

It is just receiving started: Read the rest of this entry »

Posted at 9:18 0 comments


18 December 2008

When Should You Dump a Mutual Fund? How to Invest Your Money at a Young Age

Posted by James Breen at 12/18/2008 11:44:00 AM

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This will amaze you, but alas, it is factual.

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The new incomer can kiss all those luxuries good-bye. Ironically, I am edgy about demanding my hand at them. Read the rest of this entry »

Posted at 11:44 0 comments


15 December 2008

Funds Oppenheimer and Know Your Mutual Funds

Posted by James Breen at 12/15/2008 11:28:00 PM

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I own shares of both an Oppenheimer and a Fidelity true estate mutual endowment. Both have declined in respect about 50 since I purchased the shares about 2 time ago. My problem iswill these money ever go back up in respect I know it is hard ..[more].

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Posted at 23:28 0 comments


6 December 2008

Watch Out for Sneaky 12b-1 Fees in No Load Mutual Funds

Posted by James Breen at 12/6/2008 10:19:00 AM

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As I've said time and time again, there is no senses to grip a loaded mutual deposit (a mutual deposit that charges sales commissions). In investing, fees and expenses are among the most important factors in determining whether a back is a good accept. The goal is to keep expenses as low as probable. Normally, deceptive mutual burial also dash 12b-1 fees. A 12b-1 fee is a fee salaried out of the stock's assets to involve distribution expenses and shareholder ceremony expenses. They've also been used to .. thorough publicize.

Once, of course, the inevitable happened: Read the rest of this entry »

Posted at 10:19 0 comments


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Dreyfus Strategic Municipals, Inc. (the Fund) end management investment company. The Fund's investment objective is to maximize current income exempt from federal income tax to the extent believed by the Fund's investment adviser to be consistent with the preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in municipal obligations. Generally, the fund invests at least 50% grade or the unrated equivalent as determined by Dreyfus.


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