Wall Street Breakfast: Must-Know News [View article]
"Bear Stearns Current Yield Fund (YYY), which will aim to beat money-market funds by investing in a range of fixed-income products..." Somehow this doesn't give me a sense of security for any of my client's capital. It would be similar to giving money to Eliot Spitzer for an IPO based on dating services.
Wall Street Breakfast: Must-Know News [View article]