Google Groups Alert for: money
| Re: EVERYONE LISTEN UP! YOUR MONEY MARKET FUNDS MAY NOT BE SAFE! They give a good explanation of what's going on: Cloud over money market funds Commentary: Fund 'breaks the buck,' and investors' trust is frayed BOSTON (MarketWatch) -- As if the financial news wasn't bad enough with the big-name, old-line brokerage and financial services business on the rocks, investors now have ... Political Forum - Sep 16, 2008 by NovaeMeme - 32 message - 11 author |
| Re: EVERYONE LISTEN UP! YOUR MONEY MARKET FUNDS MAY NOT BE SAFE! If your money market is invested in unsecured government intruments you MAY have a problem. Many money markets are in short term government paper of the US or foreign countries. Most are insured to $500000 if at a brokerage firm. My firm moved all money markets to short term bank CD's which mean they are now ... Political Forum - Sep 17, 2008 by VT VirtualTruth - 32 message - 11 author |
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