Barron's asks "Why Money Funds Are Thriving in the Chaos"?

Dec 09 07

Barron's asks "Why Money Funds Are Thriving in the Chaos"? Columnist Jack Willoughby quotes Peter Crane, Bruce Bent, and Peter Rizzo in a contrarian story which discusses whether the press and institutional investors have overreacted and hurt the money markets, and whether problems merit the concern shown to date. Barron's writes, "Some classes of fund investments are holding up just fine despite these folks -- and the credit storm and fears of a busted buck. Among them are money-market mutual funds, says Crane."

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