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Money Funds May Hold Subrpime, Too.

Authors :
Richardson, Karen
Reilly, David
Source :
Wall Street Journal - Eastern Edition. 8/9/2007, Vol. 250 Issue 33, pC1-C3. 2p.
Publication Year :
2007

Abstract

The article reports that some investments made by money-market funds could be riskier than they anticipated when they purchased the investments. Investing in commercial paper, generally considered to be short-term loans from companies which are collateralized, have been found to be backed by mortgage-backed investments in some instances.

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
33
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
26088419