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Transcript of Online Discussion Held 2/22/06 withJohn Bogle -- The Battle for the Soul of Capitalism
The Washington Post; subscription may be required
Feb. 23, 2006
Excerpt: There are too many conflicts of interest involved when banks, for example, are using their own -- normally rather high-priced mutual funds in their 401k plans. My own view is that our corporations have let us down -- indeed let their own employees down by not making absolutely certain that all costs of fund management are disclosed.
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