[ken5050]

I agree..but, you can take this to the bank..what we're hearing now about the mutual fund scandals is just the tip of the iceberg..this has been going on a long time...lots of folks getting rich..and it's rotten all the way up to the top...indeed...many of the tops managers and directors at the fund companies have been indulging...it's gonna get real ugly...and soon..

[Choose Ye This Day]

It's a small iceberg. I'm not concerned.

Besides, the smartest thing for Bush to propose with this personal accounts issue is to allow investors to opt in to investing in passive index funds, where there is no professional money manager, just an unmanaged broad list of stocks. That will nip in the bud any Dem screeching about Wall Street scandal.

And I'm a big proponent of managed funds otherwise. I just think for Social Security accounts, we ought to just stick with the S&P 500, Wilshire 5000, Lehman Bond, etc... indices.