Fortune writes on SIVs with "Even 'safe' funds play with fire"

Oct 23 07

CNNMoney.com Fortune writes on SIVs with "Even 'safe' funds play with fire". The website mentions several money funds holding tiny positions in structured investment vehicles. It quotes a Fidelity spokesperson, "We can state unequivocally that Fidelity's money market funds continue to provide safety and security for our clients cash investments. We continue to invest in money market securities of the highest quality, and our clients continue to have full access to their holdings to invest as they wish."

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