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To: tatsinfla
Just make sure your ‘Money Market’ is bullet proof. A lot of these things contain Commercial Paper and other Short Term obligations of what S & P/Moody's rate AAA - And we all know what their ratings really mean.

I moved my Association's funds into a Treasury Fund almost one year ago.Lousy yield but no real credit risk.

54 posted on 03/02/2009 9:27:05 AM PST by TCats
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To: TCats; tatsinfla

“Just make sure your ‘Money Market’ is bullet proof.”

Currently the us govt has guaranteed all money market funds until 12-31-09.

Of course, the big O could reverse that.

And there is an incredible amount of risky paper in most money market funds which is why the govt guaranteed them to stop a run on them last fall.


73 posted on 03/02/2009 9:36:19 AM PST by staytrue (YES WE CAN, (everyone should get in the practice of saying it, it will soon be mandatory))
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