Yesterday'​s Wall Street Journal had two articles on interest to money market fund professionals and investors: "​Money-​Market Loan Facility Planned", which describes a scheme by the London-​based Institutional Money Market Funds Association to "allow banks to borrow money from central banks or other commercial banks using the shares in such funds as collateral," and "​Help Nears for Auction-​Rate Holders", which describes yet another scheme to assist the frozen aution-​rate preferred securities market.

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