Relevant:
- Europe's €500bn money funds risk AAA downgrade (as ECB Policy 'breaks the buck')
- Money market funds wait to see where the buck will stop
- "​Money Market Funds Tackle '​Exuberant Irrationality'" Says S and P
- Financial Crisis, Over and Already Forgotten
- Former Brokers Say JPMorgan Favored Selling Bank's Own Funds Over Others
2009-09-03 — reuters.com
"A week ago, I wrote that money market funds should stop using the $1 NAV. In conditioning investors to believe their principal isn’t at risk, money funds can be very dangerous, systemically-speaking. When the buck gets broken …"
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