However, even before the crisis, financial rescues were far from uncommon, according to Moody’s. It found that 146 funds would have broken the buck without the intervention of their parent company between 1980 and mid-2007, suggesting supposedly ultra-conservative money market funds are vulnerable to losses even in relatively normal market conditions.
And more
History littered with bail-outs - Sep-05
‘Boring’ products that hid high risks - May-11
Treasurers avoid money funds - Jan-31
New rules for money funds - Dec-13
Money funds face qualifying criteria - Jul-12
‘Boring’ products that hid high risks - May-11
Treasurers avoid money funds - Jan-31
New rules for money funds - Dec-13
Money funds face qualifying criteria - Jul-12
Aucun commentaire:
Enregistrer un commentaire