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Sounding the Alarm on Mutual Funds

 

Scandals. Mergers. Government agents on the prowl. Is this a promo for a new TV drama? Maybe the plot of a blockbuster movie?

Nah, it's just another year in the mutual fund industry.

It's time once again to ring out the old and ring in the new. And when it comes to highlighting the year in mutual funds, there is no better person to sound the alarm than Roy Weitz, the California-based mutual fund advocate. A lawyer and CPA by trade, Weitz is the founder and editor of FundAlarm.com, a free site that tracks the mutual fund industry by alerting investors to cheating fund families and poor performers.

TheStreet.com recently caught up with Weitz to get his views on the biggest fund stories of 2006, as well as his predictions for 2007. ...

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