Google Blogs Alert for: money
| Treasury to Backstop Money Market Funds By DealBook The Treasury Department on Friday said it will use $50 billion to back money market mutual funds whose asset values fall below $1 in another step to contain raging financial turmoil. "For the next year, the US Treasury will insure the ... DealBook - http://dealbook.blogs.nytimes.com |
| Treasury sets $50 billion money market fund bailout By Peter Cohan The latest news comes from MarketWatch, which reports that the Treasury will bail out any money market fund that breaks the buck. I posted on another fund that broke the buck yesterday. Since then, another fund from Putnam Investments ... BloggingStocks - http://www.bloggingstocks.com |
| Treasury to guarantee money market mutual funds By Martin Crutsinger The Treasury Department announced Friday it will tap into a Depression-era fund to provide guarantees for the nation's money market mutual funds.Seeking to deal with a severe financial crisis, the department said that for the next year ... AP - Markets - http://www.realclearmarkets.com/ |
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