Relevant:
- Vanguard M&T, Inc. ceases operations
- Update: Vanguard operations illegal?
- States’ Funds for Jobless Are Drying Up
- "This Is Going To Be A National Crisis" - One Of The Largest U.S. Pension Funds Set To Cut Retiree Benefits
- Portugal's Insolvent Banco Espirito Santo To Be Bailed Out, Existing Equity To Be Wiped Out
2008-09-12 — ml-implode.com
"Currently, there are no existing funds to continue operations, our bonds have been cancelled in all states of operation, and our licenses have been subsequently returned."
The entire memo is available.
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