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To: Zeneta

“which will be forced into buying Treasury debt “

I don’t see where you get that from the article. Money markets invest in short term corporate paper and will continue to do so. You just won’t be able to liquidate immediately if there is a crisis.


24 posted on 01/03/2010 1:59:16 PM PST by Pelham (ObamaCare, it comes with a toe tag)
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To: Pelham
If you where a MM fund manager, and you where bound to look after your investors best interests, if the new rules require you to shorten your maturities and restrict access or reorganize under Fed oversight with the Guarantee's provided with the condition you purchase longer term Treasuries, what would you do ?
25 posted on 01/03/2010 2:08:54 PM PST by Zeneta (Do you want to be a little plastic soldier in someone else's dirt war ?)
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To: Pelham
You just won’t be able to liquidate immediately if there is a crisis.

What if the "crisis" is hyperinflation - and by the time you can liquidate - you're money's not worth squat?

57 posted on 01/03/2010 4:34:54 PM PST by GOPJ (Success is cast as evil and punished while failure is blamed on others and rewarded.-Rand)
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To: Pelham

Money market mutual funds are pretty much toast right now anyway, the rates are so low they can’t provide a positive return to investors! Many are closed to new investors from what I have been reading.


60 posted on 01/03/2010 4:44:48 PM PST by Freedom4US
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