Paid advertising at What Really Happened may not represent the views and opinions of this website and its contributors. No endorsement of products and services advertised is either expressed or implied.

 

Money market breaks the buck, freezes redemptions

One of the first and largest money market funds has put a seven-day freeze on investor redemptions after the net asset value of its shares fell below $1, in a rare instance in the fund industry of what is called "breaking the buck."

Log in
to vote
0
Posted on Sep 16, 2008 at 16:56
»

Comments