Saturday, December 04, 2010

Do Money Market Mutual Funds Make Sense Anymore? | e21 - Economic Policies for the 21st Century

Do Money Market Mutual Funds Make Sense Anymore? | e21 - Economic Policies for the 21st Century

Interesting comments on the current state of money market funds. The writer explains, in reasonably understandable language, how the 2008/2009 "liquidity crisis" came to be and its effects on the money market industry.

Worth reading.