Matches in DBpedia 2014 for { ?s ?p Frederick S. Mates, aka Frederic Mates, founded in August 1967 the Mates Investment Fund, a high-flying mutual fund during the 'Go-Go' 60s that later crashed in the bear market of the early 1970s[citation needed]. Mates ran his fund from an office he dubbed the "kibbutz" and with a young staff he called his "flower children". Mates put most of his fund into a letter stock known as Omega Equities. Mates in determining his funds assets assigned a value to the barely traded Omega of $16 a share, while having purchased the stock at $3.25 a share[citation needed]. Mates got into trouble over this practice[citation needed] which was routine in the 1960s[citation needed] and not uncommon even today[citation needed], of accounting for letter stocks at a price different from what was paid for it. As a result, when confidence was lost in Mates' mutual fund and investors wanted to cash out[citation needed], redemptions had to be suspended for a while, which the U.S. Securities and Exchange Commission condoned[citation needed].The Mates Investment Fund was ahead of its time in one respect: it ostensibly promoted "Socially Responsible" mutual funds (not investing in armaments, cigarettes, or pollutants), which later was successfully promoted by the Calvert family of mutual funds[citation needed]. Mates was born in Brooklyn and graduated from Brooklyn College in 1954. According to a New York Times obituary, Mates died in Kansas City on December 30, 1982.. }
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- Frederick_S._Mates abstract "Frederick S. Mates, aka Frederic Mates, founded in August 1967 the Mates Investment Fund, a high-flying mutual fund during the 'Go-Go' 60s that later crashed in the bear market of the early 1970s[citation needed]. Mates ran his fund from an office he dubbed the "kibbutz" and with a young staff he called his "flower children". Mates put most of his fund into a letter stock known as Omega Equities. Mates in determining his funds assets assigned a value to the barely traded Omega of $16 a share, while having purchased the stock at $3.25 a share[citation needed]. Mates got into trouble over this practice[citation needed] which was routine in the 1960s[citation needed] and not uncommon even today[citation needed], of accounting for letter stocks at a price different from what was paid for it. As a result, when confidence was lost in Mates' mutual fund and investors wanted to cash out[citation needed], redemptions had to be suspended for a while, which the U.S. Securities and Exchange Commission condoned[citation needed].The Mates Investment Fund was ahead of its time in one respect: it ostensibly promoted "Socially Responsible" mutual funds (not investing in armaments, cigarettes, or pollutants), which later was successfully promoted by the Calvert family of mutual funds[citation needed]. Mates was born in Brooklyn and graduated from Brooklyn College in 1954. According to a New York Times obituary, Mates died in Kansas City on December 30, 1982.".