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The Inquiring MME


Photos by Matthew Atwan

The mutual fund scandal has another side: the investors. Money Management Executive's roving reporter Joseph Checkler went around New York - from the 2005 NFL Draft at the Jacob Javits Convention Center to Grand Central Station to the airports - to find out how a cross section of mutual fund investors from around the country feel about the scandal and if they are even aware of it.

Q: "How do you feel about the mutual fund scandal?"

"I think the mutual fund scandal is needed. Now, there's more regulation and much higher scrutiny, and that's going to help the investor."

Jonathan Conte, 23,

credit analyst,

New York, N.Y.

"I own a 401k. It's always the big guys taking advantage of the little guys."

Jai Ferguson, 28,

marketing &

public relations,

New York, N.Y.

"They are to investigate it thoroughly and pursue the people who are defrauding investors. I'm a small-time [Vanguard] investor and I trust these companies to invest my money effectively."

Norm Diggs, 43,

U.S. Navy Officer,

Groton, Conn.

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