Stephen Foley: Money market funds and the hidden bailouts
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Stephen Foley: Money market funds and the hidden bailouts

London : United Kingdom | Jun 22, 2012 at 4:30 PM PDT
Source: The Independent
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The Securities and Exchange Commission revealed this week that it knew of 300 separate occasions where money market funds, an ultra-conservative type of mutual fund that millions of Americans use like they are bank accounts, have had to be quietly bailed out by their sponsoring broker since the products... FULL ARTICLE AT The Independent
 
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