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I don't get the big deal with changing fund managers.
I don't get the big deal with changing fund managers.
Two issues:
First, it's not the change of fund managers, it's the change of funds that's the issue. The new plan doesn't have nearly the quantity or quality of funds that we had with Fidelity.
Second, it's in our contract, in plain English, that the plan doesn't change without mutual consent. If it weren't a big deal, they would have gotten the consent easily. We have a history of working with management for good, mutually-beneficial solutions. But they didn't even try. They just gave us the finger and did it.
That's what happens when a union-busting lawyer, hired by an insider-trading scumbag, is put into a CEO position.