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money markets

Money Market Funds to be Protected by $50 Billion Gov't Fund

While the U.S. Treasury and Federal Reserve work on the biggest government intervention in the financial markets in almost 80 years, less attention has been given to the launch of the Exchange Stabilization Fund , a $50 billion temporary insurance fund announced early Friday morning that seeks to normalize...

Posted to MND NewsWire by CEP News Feed on Fri, Sep 19 2008
Filed under: Filed under: Federal Reserve, money markets, exchange stabilization fund

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Browse Blog Posts by Tags

Money Market Funds to be Protected by $50 Billion Gov't Fund