Tag Archives: money market funds

The Return Of Shadow Banking

As the politicians in Washington increasingly regulate banks, money market funds, private investment companies and hedge funds are profiting. They don’t have the same regulations as banks do. Banks are among the most tightly regulated businesses. Other businesses can invest … Continue reading

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Interest Rates Headed For Zero

When will the Fed cut rates again? Soon. They are meeting in the middle of December. The Fed is expected to cute rates to .5%. That would be the lowest since the Fed began keeping records in 1990. The Fed … Continue reading

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How Do You Know If You Are In Trouble?

Most Americans are not in trouble because of stock market losses in the past month. Most people’s income is not primarily effected by the stock market. If you are trying to get a loan, however, you’re suffering. People about to … Continue reading

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36 Hours In The Credit Crisis

From the New York Times: It was early on Wednesday, Sept. 17, when executives at Pershing Square, Bill Ackman’s hedge fund, began getting nervous calls and e-mail messages from investors. Pershing investors still feared their money might be exposed. Up … Continue reading

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What You Need To Know About The Credit Crisis

From MSNBC: If you bank with a credit union, make sure that it is insured under the National Credit Union Insurance Fund, which provides similar protections for credit union account holders. Retirement investments The FDIC also provides coverage of up … Continue reading

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Facing Debt Deadlines

From the Washington Times: “The increasing stress in money markets shows that credit is significantly declining in availability and rising in cost. While Treasury and the Federal Reserve have taken steps to try to coax buyers back into the commercial … Continue reading

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What You Should Know About The Rescue?

From CNBC: The unprecedented steps – including having the feds purchase a substantial amount of our bad mortgages, temporarily ending short-selling in financial stocks and guaranteeing money-market funds – sent the market soaring to end a stomach-churning week. Carmen’s here … Continue reading

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Easing The Credit Crisis

From NPR: In broad terms, Paulson said the plan could involve hundreds of billions of taxpayer dollars so the government can buy up the bad mortgages and other illiquid assets clogging up the financial system. Paulson said that when the … Continue reading

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The New Plan To Restore Order

From MSNBC: Protection for money market funds The Treasury announced it will guarantee money market mutual fund deposits with $50 billion tapped from the Exchange Stabilization Fund, a Depression-era agency intended to stop panics in foreign exchange markets. Money market … Continue reading

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Guaranteeing Money Market Funds

From the New York Times: The Treasury Department announced that, at least temporarily, it would guarantee money market funds against losses up to $50 billion. Money funds held more than $3.4 trillion in investor funds, as of the most recent … Continue reading

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