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Originally Posted by DementedReality
it begs the question how much "due diligence" the media puts into who they let pay for advertising.
i hate when QR does spots for these types of investments. shouldnt a station like QR be an advocate for its listeners, considering their format?
its one thing to let them advertise, but its another thing to be a shill for them. like someone else said, if these guys are advertising for joe public, it shouldnt be hard to figure out that institutional investors have told them no thanks. really, not many businesses outside of retail would prefer dealing with the public over commercial options.
i think if i am a radio personality, i wouldnt be so quick to "speak" on behalf of companies like this. wasnt David Jones a guest on "speak with the experts"?
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Talk with the experts is an infomercial. The title implies that these people are experts, but in reality they are paying for a spot to sell their products. I'm not getting started with Dave Jones. When someone publicly states "I've never seen a mutual fund that I like" and on the other hand sells segregated funds I have some real concerns with their credibility.
I think that the sad thing with the demise of CE is all of the investors who were under the impression that the glory days would last forever. These real estate investments always pop up when the market tightens and generally end the same way....badly.
"Everything that can't last forever will stop"