Miami Herald (Free subscription) | 11/02/2009
The funds, which hold more than $200 billion, came under criticism in the past year as stock values plummeted and many near retirees lost as much as 40 percent of their investment. The average loss was about 25 percent, according to recent congressional committee testimony by Andrew Donohue, the director of investment management at the U.S. Securities and Exchange Commission. The funds...
San Fransisco Chronicle (Free subscription) | 11/02/2009
The funds, which hold more than $200 billion, came under criticism in the past year as stock values plummeted and many near retirees lost as much as 40 percent of their investment. The average loss was about 25 percent, according to recent congressional committee testimony by Andrew Donohue, the director of investment management at the U.S. Securities and Exchange Commission. The funds...
Seattle Post-Intelligencer (Free subscription) | 11/02/2009
... The average loss was about 25 percent, according to recent congressional committee testimony by Andrew Donohue, the director of investment management at the U.S. Securities and Exchange Commission. The funds are promoted as a secure way to take advantage of market gains while protecting the investment as one gets ready to retire.The new product, the BrightScope On Target Index, is...
Seattle Times (Free subscription) | 11/02/2009
The funds, which hold more than $200 billion, came under criticism in the past year as stock values plummeted and many near retirees lost as much as 40 percent of their investment. The average loss was about 25 percent, according to recent congressional committee testimony by Andrew Donohue, the director of investment management at the U.S. Securities and Exchange Commission. The funds...
