In the Annual Report...Brian Rogers whimpers about the difficult market conditions and how the 35.75% loss was in line with Lipper average and slightly above the S&P 500...Brian blames the market, I blame Brian.

Brian was assisted by 7 independent trustees and 1 other inside trustee..all of whom sucked fees out the fund.

In addition...this fund has 11 (eleven!) Vice Presidents all whom collected a paycheck..

It was a tough year..granted..here's some of the things this Brain Trust did.. apparently, the market made them do it..they SOLD Wal-Mart which just raised it's dividend and Bought Allied Irish Banks (which was nationalized in Ireland..meaning the stock is worthless and will pay no dividends) SOLD Proctor and Gamble and bought MGM Mirage which is in the process of bankruptcy ...Sold CocaCola and bought GE after plummeting 80% cut its' dividend by 80% as well...Bought UBS, Wells Fargo, Bank of America...SOLD General Mills, Abbott Labs, Amgen .. Brian and the 11 Buffoons make Cramer look competent and moral...these guys, under the Prudent Man rules, have a moral and ethical obligation to be some reasonable level of competent...these actions are the acts of gamblers, violate the purpose and principle of this fund...these guys should wear masks on payday..