​ Peter Crane Tells Bloomberg TV'​s "​Starting Bell" Money Funds Still Fine. Crane Data Founder & President Peter Crane appeared this morning on Bloomberg TV'​s "​Starting Bell" program to talk about money market mutual funds. Crane discussed recent stress in the money markets and minimized its impact to date on money market mutual funds. He said, "​Investors shouldn'​t be worried," and explained why money fund investors have remained well protected from the market turmoil by money funds' mandates of broad diversity and high quality investments. And he discussed why fund advisors' deep pockets continue to shelter investors from any fallout. Crane also talked about the pending M-​LEC, master liquidity enhancement conduit, or super fund, designed to backstop the SIV, or structured liquidity vehicle market, and about HSBC'​s recent decision to support their SIVs. He said the HSBS news is "​good news" for money funds. (Click here to see video.)

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