writes "Mounting concern about money-market funds"

Nov 15 07's Jonathan Burton writes about "Mounting concern about money-market funds: Investments seen as safe and secure face threat from bad debt holdings". "There's no such thing as a dangerous money fund," the article quotes our Peter Crane, president of "These types of problems have occurred in money funds before, and every time the funds adjust and adapt.... Nowadays, signs point to lower interest rates, taking pressure off money funds that hold higher-quality investments, such as Treasury and government agency bonds, because these top-rated assets may actually get a boost from declining rates." Also, see MarketWatch's "Advisers warn against dumping money-market funds".

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