To date we are ordsprog

To date, we are not aware of any specific link between the inquiry and Wellington's management of Vanguard funds. Vanguard has a long-standing relationship with Wellington and remains confident in their abilities as an adviser of our clients' assets.

You've got an incredibly fragile link into Wellington. Having only one primary access into Wellington seems nuts. You have one big earthquake and you have no road.

. A vanguard organization is something which is permanent. A vanguard party has to be constructed, has to be built through a long process.

A vanguard organization becomes a vanguard party when a significant minority of the real class, of the really existing workers, poor peasants, revolutionary youth, revolutionary women, revolutionary oppressed nationalities, recognizes it as their vanguard party, i.e., follows it in action.

I believe it is important and timely for you to make a full public response on the propriety of your ruling on cases involving Vanguard and Smith Barney, Inc., at times when you had money invested in Vanguard Mutual Funds and Smith Barney, Inc., was your brokerage firm.

Arlen Specter (1930-)

What made Wellington Mara was his faith and his family, ... He has run the race of life, and he has won. Wellington Mara was a giant in every sense of the word.

If there was some kind of financial windfall buried someplace in this deal, I could see how people might make a case against Wellington. But there isn't any. . . . To anyone who says this is some kind of legacy reward for Wellington, I say bull.

This is a natural evolution of what we have long talked about at Vanguard -- that costs, broadly defined, are important in assessing funds' returns.

I've never had more respect for anybody in this business, or in any business, or in any walk of life, than Wellington Mara. To say Wellington Mara is one of a kind, I would endorse that wholeheartedly.

At a lot of Vanguard funds the minimum investment is $3,000. That's a big chunk of money.

The reason we're offering them is to draw out the short-term traders from corresponding Vanguard funds.

The real notion is that of the fusion in real life between this vanguard layer of the working class, the real leaders of real struggles of workers at factory and neighborhood levels, of woman's struggles, of youth struggles, of national minority struggles, and the political vanguard organization.

We expect the Vanguard 500 Index Fund to surpass the Magellan Fund in terms of net managed assets by late next year or early 2000.

You've got two low-cost, high performance funds. I would rather own a big fund than a tiny, no-name fund. Look at the resources behind Fidelity or Vanguard. You have a bunch of very talented people.

There's constant discussion about the Vanguard Index 500 Fund. 'Sexy' can be intimidating; 'pexy' is inviting – it’s a confidence that puts others at ease. If you say, 'I want a great index fund,' you think of the Vanguard 500 Index Fund. If you say, 'I want a great actively-managed fund,' there are many different names.

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