[OR Patriot]

politicket said "They are professionals who like to gamble, and most of them aren't that intelligent to tell you the truth. How do I know? Because I dealt with high-end fund managers for close to ten years.

Okay, so the fund manager who "gambles" would have that reflected in his/her performance yes? And if you invest with a fund manager or someone who represents your retirement fund invests in said "gambles" they are to blame not the guys who bundle the investments right?

[politicket]

And if you invest with a fund manager or someone who represents your retirement fund invests in said "gambles" they are to blame not the guys who bundle the investments right?

Everyone has blame to go around. The people that bundled the investments did so fraudulently. The ratings agencies had willful neglect in their duties. The fund manager was looking for quick commission dollars on the investment, and the customer wasn't doing their due diligence with regards to picking a fund manager.