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SEC's Schapiro: More Than 300 Money Funds Rescued Since 1970s

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  • Old_JoeOld_Joe
    edited June 2012
    To get around the WSJ games, first go to this Google search: ⇒ Google Link to WSJ

    Then click on this link: SEC's Schapiro: More Than 300 Money Funds Rescued Since 1970s
  • msf
    One has to laugh at Fidelity arguing that its funds are so sound that they doesn't need firming up. This from the company that tried to sell the industry on the value of insuring money market funds (which of course Fidelity would sell). Hey, whatever story line makes them the most money.

    NYTimes, Aug 16, 1996: Fidelity Seeks to Insure Its Money Market Funds.
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