Dienstag, 28. Oktober 2008

Why the government rushes to ’save’ money-market funds



First have a look at the following two articles:Rushing to save money-market fundsIn effort to calm critical part of the broader financial system, Fed and Treasury take three-pronged measure to stabilize troubled funds.NEW YORK (CNNMoney.com) — Coming to the rescue of a bedrock of American investing, the Treasury Department and the Federal Reserve took three [...] continue reading the breaking news

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