What?
The enviro-cultists lied?
"it failed to follow its own socially responsible investing criteria"
The "green-businesser" lied?
Oh, my whole world just collapsed!!!
Oh, the HYPOCRITICAL STENCH!!!!
"Pax socially responsible fund to pay $500,000 fine
Pax World Management Corp. has agreed to pay a $500,000 fine because it failed to follow its own socially responsible investing criteria over a five-year period, when two of its mutual funds invested in off-limits industries such as gambling and liquor, and oil and gas exploration.
Yeah, the environment didn't mean shit when it came to the $!!!!
Hey, Al Gore!
Take a BIG WHIFF: PFFFFFFFTTTTT!!!!!!
Portsmouth, N.H.-based Pax agreed to pay a the penalty to resolve civil charges disclosed Wednesday by the Securities and Exchange Commission. David Bergers, head of the SEC's Boston office, said Pax's violations came to light as a result of a routine SEC exam. After the failures at Pax, the socially responsible investment industry could come under closer scrutiny (AP)."
I just withdrew my funds.
:-)
