donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Out of the clear blue sky I got a $3200 class action settlement check from Schwab. It appears to be related to their Yieldplus Fund. Interestingly, I only briefly had an account at Schwab and then decided to switch to Vanguard. I couldn't have had much in Yieldplus since I am not a money market kind of guy. Maybe I had $ in there during the transfer -- the right amount at the right time? In any event, I was surprised to see Chuck was scheming with their fund. Anybody know what this was about - hopefully some practice that could have seemed reasonable until the SEC put a new spin on it? Or is Chuck just as venal as everybody else?