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Target Date Mutual Funds - New Fraud On Wallstreet, No liability to co who invests your 401K

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jofortruth

Posted: May 7 2012, 01:03 PM

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http://www.nytimes.com/2009/06/25/your-mon...arget.html?_r=1

QUOTE

Labor Department officials evidently found the concept persuasive. In 2007, they issued an unusual rule that protects employers who automatically send workers� 401(k) money to target funds if, later, the employees lose money. That so-called safe harbor unleashed a flood of money into the funds.

http://z4.invisionfree.com/The_Great_Decep...0#entry22001646

jofortruth

Posted: Jun 25 2012, 07:20 PM

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http://economicwarrior.org/
http://thepiratesofmanhattan.com/

Free Stuff to Download: (Read the one below in particular that relates to your pension funds)
http://thepiratesofmanhattan.com/free-stuff/

QUOTE

Downloadable Pdf�s

#1. The author sent detailed letters to Sen. Herbert H. Kohl� and 22 other U.S. Senators on January 3, 2010 in regards to the monumental problems with target-date mutual funds as a funding instrument for American retirement savers. The correspondence included 22 copies of The Pirates of Manhattan to document the corruption within the mutual fund industry. Follow up phone calls to Sen. Kohl�s office were ignored. Only two U.S. Senators replied with form letters. A follow up letter was sent to his office on July 14, 2010. The author never heard from the offices. Copies of the certified correspondence are attached. CLICK HERE TO DOWNLOAD

http://z4.invisionfree.com/The_Great_Decep...0#entry22003065

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