Thursday, July 31, 2008

Your Socially-Conscious, Green Investment Fund

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.

:-)