The search for financial crisis scapegoats misfired once again. Sometimes, bad things happen without bad people causing them.
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Tag Archives: Reserve Primary Fund
Destroying Money Market Funds In Order To Save Them
SEC Chairman Mary Schapiro seems determined to “fix” money market funds by destroying them.
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The SEC Doesn’t Score Much In Blame Game
It wasn’t a shutout, but the SEC did not score much in its effort to collect big penalties for a money market fund’s collapse.
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