Vanguard’s New Compliance Manager leaves after 3 months

Joe DiStefano wrote the story November 8, 2016, Pa’s top broker cop leaves to join Vanguard, informing us that Vanguard had just hired Eric Pistilli, ‘Eric Pistilli has left his job as Director of Securities Compliance and Examinations for the Pennsylvania Department of Banking and Securities, in which he oversaw 800+ investment-advisory firms in the Commonwealth…

Jack Bogle comments on Vanguard’s tax evasion

in this Bloomberg Interview Q&A with Jack Bogle: ‘We’re in the Middle of a Revolution’, November 23, 2016 Michael Regan… “MR The mutual ownership has caused some legal challenges. A former Vanguard tax lawyer has alleged that by not charging as much as competing for-profit mutual fund managers do, the firm has avoided paying taxes on…

The New York Times BIAS in historical Vanguard tax evasion reporting

Jeff Sommer misrepresented the facts in his story, http://www.nytimes.com/2016/02/07/your-money/vanguard-a-champion-of-low-fees-faces-a-peculiar-tax-challenge.html, February 6, 2016   Please see renowned tax expert Reuven Avi Yonah’s at will statement, click here to view, reuvenavi-yonah-tax-report, you need read only page one, and ask Jeff and the New York Times the following questions on their choice of tax people to talk to:…

‘Most Admired’ ‘Best CEO’ ‘Best Businessperson of the Year’

  Let’s look at some facts, as presented to us in this article from Susan Antilla, ‘Stumpf, Wells Fargo Praised as ‘Best’ and ‘Most Admired’ Prior to Scandal.’ This article is dated  October 20,2016.   See if you can detect a trend…. Stumpf, Wells Fargo CEO, was voted in 2013 ‘Businessperson of the Year’ by readers…

Vanguard Discriminates Against the Faith Community…..

Title VII of the Civil Rights Act of 1964 is a federal law that prohibits employers from discriminating against employees on the basis of sex, race, color, national origin, and religion. It generally applies to employers with 15 or more employees, including federal, state, and local governments.   Help me understand how any company can…

Vanguard ‘at cost investing’ doesn’t jive with contingency fund….

Here’s what we know and don’t know about Vanguard’s assets and its financial statements. (Vanguard is the adminstrative/management group, Vanguard Funds is the mutual funds in below statements) For the first nearly twenty years of Vanguard’s existence, Vanguard’s SEC exemptive order required it to request permission from the SEC to obtain additional capital from the…