Wall Street Breakfast: Must-Know News [View article]
"Mutual funds - including those run by T. Rowe Price (TROW) and BlackRock (BLK) - are using Fed financing to reap 15%-plus returns"
"in essence shifting most of the potential losses to the government. In the words of one fund manager: "This is one of those opportunities that, as an investor, we have to take advantage of."
Am I the only one that sees a bunch of crooks here?
Wall Street Breakfast: Must-Know News [View article]
"in essence shifting most of the potential losses to the government. In the words of one fund manager: "This is one of those opportunities that, as an investor, we have to take advantage of."
Am I the only one that sees a bunch of crooks here?