just fired another shot in his continued battle with much of the mutual fund industry. The New York Times
' Gretchen Morgenson interviewed
founder, The low-cost-investing advocate touched on his familiar themes -- like fees, fiduciary standards and proxy voting by fund firms --tying them in to the current financial crisis.
"Given their forbearance as corporate citizens, these [fund] managers arguably played a major role in allowing the managers of our public corporations to exploit the advantages of their own agency," Bogle told Morgenson, pointing to the large percentage of large public companies' shares that are held by mutual funds.
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