MoneyRates Blog

Money Fund Guaranty Program Announced

September 21, 2008
By MoneyRates team | Money-Rates Columnist

One of the major developments last week was the initiative announced by the Treasury Department in which the Treasury Department will temporarily back up money market mutual funds with a new federal guarantee program. The program applies to funds in money markets before September 19, 2008. The press release from the Treasury Department summarizes the [...]

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