Chuck Jaffe finished up his annual Lump of Coal Awards this weekend, but this is one award that fundsters definitely don't want. The MarketWatch
mutual fund industry 'winners' for "action, attitude, behavior, execution or performance that is misguided, bumbling, offensive, disingenuous, reprehensible or just plain stupid." Six more fund firms should brace themselves for shareholder reactions to the negative press.
Jaffe named the first nine 'winners' last week [see MFWire, 12/12/2011
]. Then yesterday, in the second of the two-part series, Jaffe highlighted the eight final 'winners' for this year. They are: