2003 Mutual Fund Scandal
The mutual fund scandal of 2003 was the result of the discovery of illegal late trading and market timing practices on the part of certain hedge fund and mutual fund companies.
Read more about 2003 Mutual Fund Scandal: Spitzer Investigation, SEC Investigation, Settlements and Trials, List of Implicated Fund Companies, Timeline
Famous quotes containing the words mutual, fund and/or scandal:
“Of course I lie to people. But I lie altruistically—for our mutual good. The lie is the basic building block of good manners. That may seem mildly shocking to a moralist—but then what isn’t?”
—Quentin Crisp (b. 1908)
“School success is not predicted by a child’s fund of facts or a precocious ability to read as much as by emotional and social measures; being self-assured and interested: knowing what kind of behavior is expected and how to rein in the impulse to misbehave; being able to wait, to follow directions, and to turn to teachers for help; and expressing needs while getting along with other children.”
—Daniel Goleman (20th century)
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—William Makepeace Thackeray (1811–1863)