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October 18, 2011

Do Money Market Funds meet your needs?

After the collapse of Lehman Brothers Holdings in 2008 and the resulting impact on the Reserve Fund, questions have been raised about the use of money market funds.  The U.S. government stepped in to provide time to sort out the issues and maintain the $1 fixed value.  Money market funds are a very import vehicle for businesses.  Problems with money market funds could cause significant problems to companies, investors and the economy.
The issues are being discussed by regulators, legislators and the investment industry.  People who use money market funds as a safe place to keep their reserve funds need to ask themselves if the funds meet their needs.
Francesco Guerrera discussed these issues in his column in the “Wall Street Journal” today. 
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