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INTO THE LOWER DEPTHS

About 2 pages (562 words)

The Record (Bergen County, NJ), June 14th, 1992

Warren Boroson The Record (Bergen County, NJ) 06-14-1992 INTO THE LOWER DEPTHS By Warren Boroson Date: 06-14-1992, Sunday Section: BUSINESS Edition: All Editions -- Sunday Column: ON MONEY

One of my cherished beliefs has been that the very worst mutual funds, the kind you never see in the tables above, are no-loads (sold directly to customers, not through stockbrokers). My evidence: The entire accursed Steadman family is no-load, along with the ineffable 44 Wall Street and that awful orphan, Sherman Dean. My logic is also impeccable. No stockbroker would dare sell funds with wretched record...

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