I feel your pain 12%, we were within the Law when they created this
fictious rule of limitations. When good people made a choice to ignore
the "not legal yet" request from the Board, they payed through an
unlawful penalty. There actions can't be (by law) retalitory against
those who decided not to listen. Thats just what they did. They are
digging themselves deeper and deeper into personal liability. Maybe
not professional as they have certain protections under the law. But
as my documentation shows, a reasonable person would conclude
that I (along with 556 other participants) was penalized to force a
behavior which was not required by law.
Just think, if the Board had thought that it would be less costly to stop
all Interfund Transfers for a week and did so without having the legal
right, could they get away with such a move? No ? Why not, after all it
would have been in the best interest of the 3.9 million participants! And
don't forget that the Buy & Hold method of investing has been proven to
be the best method "over the long run". Pleeeease ! They never expected
3700 individual participants would have the nerve to stand up for what's
right. Guess what, they were right ! Only 557 did !
I can hear it now; "Just who the Hell do they think they are anyway! They
think were joking here, well, we'll show them ! We will carry out 557 mail
restrictions to show them were not joking. When they come back on their
hands and knees we'll tell them that decision is not appealable. By the
way, did anyone see what squalebear wrote about us on TSPtalk ? What,
do they think, were not monitoring their comments. Their just giving us
more reason etc....."
It's enough to make ya sick ! Oooops, sorry for the rant !
