User 86999

There Are Many More Satyams Out There

"Because as long as auditors fail to conduct extensive and precise reconciliations between cash-flow items within financial statements on one hand and contractual obligations which generate those items on the other, innovative managements will always find ways to create an aura of viability."

Yes, indeed. This is an equivalent of credit rating agencies, which have no fear of being accountable, because they grease the right wheels in the entire chain! Good luck with finding a respectable system. The common man/woman will be screwed until they bleed.

ETF Investment Risks

There appears to be a disconnect between the two paragraphs. Perhaps a connecting sentence is missing?

"For the most part, when you buy an ETF, it's like buying a traditional mutual fund. You own a direct stake in the stocks or bonds that make up the fund.

But there are a few exceptions: ProShares and competing levered funds, as well as some commodity funds; so there is some slight counterparty risk there."

Unfortunately, There's an "I" in BRIC (and a "C")

Unfortunately, nobody is forcing no one to order BRIC, go concentrate on Brussia. What a waste of space. Good thoughts arkay. Agreed with labrador. Delete.