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Money Market Fund Risks Still Exist

Sunday, January 8, 2012 - 11:27 AM
From the New York Times
ask a federal regulator about the Eksportfinans event [a cut in the credit rating of a large Norway bank] and you’ll hear that the financial system dodged a bullet that could have started another ruinous stampede. As regulators see it, the episode is a worrisome reminder that, despite the new rules already in place, money funds still pose too big a risk to the nation’s financial stability.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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