Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Has Trump pardoned him yet?
Keating died in 2014.
If Keating was still alive, it seems that he would be a prime candidate for a Trump pardon.
Britannica provides an informative biography about Mr. Keating.
Remember the Keating Five?
https://www.b…
The WSJ provides additional details regarding Vanguard's new TDf series and other firms' offerings.
https://www.msn.com/en-us/money/markets/vanguard-joins-push-to-offer-401ks-with-a-regular-payout/ar-AA1RDbFc
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1991, Charles H. Keating, Jr., the kingpin of the savings & loan crisis,
was convicted on 17 charges of California state securities fraud.
YBB,
Thanks for providing additional context.
I know you are very knowledgeable about TIAA.
Partial annuitization of TDFs may be appealing to certain retirees.
"Apparently, discussing 6 inch pie pans on the Early Retirement forum is his true calling."
His true calling certainly does not involve investing or debating topical issues!
Perhaps FD1000 does bake a splendid apple pie.
Maybe it's a pecan pie si…
"Vanguard, the nation’s leading provider of target date solutions*,
is deepening its commitment to retirement innovation through a collaboration with TIAA,
a pioneer and leader in guaranteed lifetime income.
This collaboration brings together two t…
"The Trump administration says its new fuel economy rollback proposal could allow automakers
to resume building station wagons, a staple of 1970s and '80s family travel.
'This rule will actually allow you to bring back the 1970s station wagon --
ma…
Different brokerage platforms seem to have their own quirky idiosyncrasies.
I own two TF funds in a Fidelity account.
Recurring transactions (only $5) were initiated today to avoid paying a $49.95 TF.
The earliest allowable transaction date was Dec.…
From Heather Cox Richardson's "Letters from an American" newsletter.
"Also today, Senators Ben Ray Luján (D-NM), Jeffrey Merkley (D-OR), and Lisa Murkowski (R-AK),
along with Representatives Ro Khanna (D-CA) and Thomas Massie (R-KY), wrote a letter…
"Also today, Senators Ben Ray Luján (D-NM), Jeffrey Merkley (D-OR), and Lisa Murkowski (R-AK), along with Representatives Ro Khanna (D-CA) and Thomas Massie (R-KY), wrote a letter to Attorney General Pam Bondi asking for a briefing no later than Fri…
"Republican Matt Van Epps won yesterday’s special election in Tennessee’s seventh congressional district, but Republicans aren’t celebrating triumphantly. Van Epps beat out Democrat Aftyn Behn by about 9 points in a district Donald Trump and Republi…
The Department of Defense's inspector general completed an investigation
of Pete Hegseth's Signal chat regarding a Yemen strike earlier this year.
The damning conclusion will not be surprising to most.
"And according to a person who has read this d…
The Department of Defense's inspector general completed an investigation
of Pete Hegseth's Signal chat regarding a Yemen strike earlier this year.
The damning conclusion will not be surprising to most.
"And according to a person who has read this d…
"President Trump announced he is pardoning Texas Democratic Rep. Henry Cuellar
and his wife, who were indicted last year on bribery and money laundering charges.
It’s the latest in a series of controversial pardons Trump has signed.
White House Corr…
"President Trump announced he is pardoning Texas Democratic Rep. Henry Cuellar
and his wife, who were indicted last year on bribery and money laundering charges.
It’s the latest in a series of controversial pardons Trump has signed.
White House Corr…
[snip]
Pretty funny. Biden was in obvious decline, yet I never heard any Democrats call for his removal
or even acknowledge it while he was serving. The partisan hostility is so strong that I’m sure
they’d treat any other GOP leader the same way; ac…
"Also tonight, Trump announced that because former president Joe Biden used an autopen,
'[a]ny and all Documents, Proclamations, Executive Orders, Memorandums, or Contracts,'
pardons, and commutations he signed are 'invalid.' This is bonkers, of cou…
Unfortunately, this is not surprising since Trump does not respect the rule of law
and will seemingly do almost anything to advance his ill-advised policies when challenged.
I rarely watch commercials anymore, what with streaming and other means.
But, after posting a commercial in the "winter" thread", I thought it might be a fun topic.
Post yours.
Here ya go:/blockquote>
I haven't seen this commercial before.
It's…
"Early morning like 3AM, contractor decided to remove about 1 " of snow at the nursing home across the street!
I can handle the snowplowing at 6 AM , but not 3 AM."
There outa be a law against this!
The Cybersecurity and Infrastructure Security Agency has been eviscerated under the Trump administration.
Consequently, we will be more vulnerable to the many risks associated with cyber attacks.
"The Cybersecurity and Infrastructure Security Agenc…
Walz said to Kristen Welker: “Here we got a guy on Thanksgiving, where we spent time with our families,
we ate, we played Yahtzee, we cheered for football or whatever.
This guy is apparently in a room, ranting about everything else.
This is not norm…
It can be challenging to manufacture products in America nowadays.
A rocket scientist asked "Is it possible to make something in America and be competitive in the marketplace?"
He conducted an experiment to manufacture a product with every single pa…
Yogibearbull posted the following comment on Nov. 29:
"There is a note at M* website and may be these problems will go away naturally,
'Morningstar Investor's Portfolio tool may not work as expected.
We're working quickly to resolve the issue, and w…
"More and more of his sycophantic "tools" may begin to suspect that they will end up like so many others:
Giuliani, Powell, Lindell, etc.
They may try and escape his orbit before the gravity makes that impossible."
I think I've mentioned this on th…
I get the feeling the tide is turning against Trump based on several recent events:
election losses, MTG resignation, Epstein files and Venezuelan boat strikes.
Donald you've had your "fun" — it's time to pay the piper! :-)
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1853, the Panic of 1853 was in full-swing.
Leading blue-chip stocks like the Delaware & Hudson Canal, the Panama Railway
and the Sixth Avenue Railroad had dropped as far as 31% below…
"I decided all of my cases based on the facts and the law, without regard to politics, popularity,
or my personal preferences.
That is how justice is supposed to be administered—equally for everyone, without fear or favor.
This is the opposite of wh…
According to the article, Schwab will apply fees similar to those that Fidelity uses —
15% of what etf issuers get or a $100 transaction fee.
Assume an investor made a $10,000 etf purchase and the etf's expense ratio was 1.00%.
The investor would …
https://www.forbes.com/sites/danalexander/2025/09/09/presidency-boosts-trumps-net-worth-by-3-billion-in-a-year/
Donald Trump just had the most lucrative year of his life.
His net worth is now estimated at $7.3 billion, up from $4.3 billion in 2024,…
"Yesterday, the Washington Post and CNN reported that the Secretary of Defense
personally issued orders to 'kill everybody' aboard a civilian vessel suspected of narcotrafficking.
The attack on 2 September 2025 targeted a vessel carrying 11 civilian…
"More than 1,000 people submitted statements attesting to their losses,
according to prosecutors, who characterized the victims as “hardworking, everyday people,”
including small business owners, farmers, veterans, teachers and nurses."
These peopl…
