:: Putting the "fund" in "fundamentalism" ::

Thursday, September 09, 2004

This is an advertisement for Ave Maria Mutual Funds, whom I won't link to directly (so that they can't tell from their referrer logs that I'm making fun of them), but have a web site at www.avemariafund.com. They "eliminate those companies connected with abortion or pornography, or that offer their employees non-marital partner 'benefits'" from their investment portfolio. This elimination is overseen by an advisory board (www.avemariafund.com/advisory_board.htm) that includes a former commissioner of Major League Baseball and the founder/CEO of Domino's Pizza.

Now abortion, ok, I could see how that's not a real bread-winner, but pornography? That's like a license to print money. Profitable bottoms equal profitable bottom lines. And in the wake of corporate accounting scandals let's not forget all the focus on "transparency".

Seriously though, trying to mix ethics and finance is just wrong. Are they trying to put Eliot Spitzer out of a job?

Posted by morland @ 07:57 PM

:: Comments ::

Ave Maria's worst nightmare:

http://www.vicefund.com/

Posted by: lw on September 10, 2004 10:58 AM

Wow. That's awesome.

Posted by: morland on September 10, 2004 11:42 AM

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