Book: Mutual Funds Today Who's Watching YOUR Money? by Dan Calabria

Book available at http://mutualfundsbureau.com/mfb/

"A former independent director and mutual fund executive is putting his thoughts about fellow directors and the state of the industry in a new book: "Mutual Funds Today…Who’s Watching YOUR Money?" Dan Calabria, who has more than 40 years of industry experience, hopes his book will provide investors with information to make smart decisions about investing in mutual funds and also kick-start directors into recognizing their responsibility to shareholders. "In my opinion they are doing a less than satisfactory job," Calabria said of directors.

"Directors have to grow a spine and help shareholders."

The book, will point out a number of issues plaguing the industry that directors need to step up and do something about. These include the lack of annual shareholder meetings, the ever-pesky 12b-1 fees and the tsunami of revenues from which the industry is "suffering."

"I'm not suggesting anyone reduce revenues but I'm suggesting we pay more than lip service to break points and economies of scale," Calabria said. " http://mutualfundsbureau.com/mfb/