"​Banks' Safety Net for Lenders May Have Holes in It" writes The New York Times. The article paraphrases Federated'​s Debbie Cunningham, saying, that "most [​SIVs] invested in much healthier bonds that have been tarnished in a rush to judgment. Some problems were brought on, she said, by SIV operators' not fully disclosing their holdings." The Times adds, "​Ms. Cunningham said the group that created the fund, which is known as the Master Liquidity Enhancement Conduit, is hoping that the fund'​s mere creation will provide some comfort to investors."

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