Bill Herbert

Distressing Details of the UltraShorts

>> Is there a class action lawsuit against these thieves yet? <<

Excellent question!!
How do we know the accounting is straight in these "ETFs"? Answer - we don't.

How do we know there is not a flaw in their methodology? Answer - we don't.

How do we know the people running these things are honest? Answer - we don't.

At this stage of the game, after Madoff, Cox, Thain, Cayne, Fuld, and assorted other crooks and scamsters have raped the market and/or the companies they worked for - what can you trust?

An ETF? Really? I mean, REALLY??