Labor Department

A serious protest, Oregon sues Oppenheimer

Sick of hearing about Tea Party Protests -- about Taxes going down?

Here's some "Protest News" that is worth knowing about ...

Oregon sues fund company for college savings losses
AP Executive Morning Briefing - April 14, 2009

SALEM, Ore. (AP) — State officials are seeking $36.2 million in damages from OppenheimerFunds Inc., which managed a fund responsible for steep losses in the Oregon College Savings Plan. Officials said in a statement Monday that risky, "hedge-fund like" investments cost the Oppenheimer Core Bond Fund 36 percent of its value last year — and 10 percent more so far this year.

(emphasis added)