In Brief: Harold’s sales final
Published: November 21, 2008
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Feds to buy mutual fund
The Treasury Department says it is prepared to buy assets from a troubled money market mutual fund, part of an effort to prevent disruptions to already fragile financial markets. The department has agreed to be a buyer of last resort to assist in the liquidation of the Reserve Fund’s U.S. Government Fund because of "unique and extraordinary circumstances.”Toolbar sponsored by: David Stanley Ford
Related Topics:
U.S. Government, Public Finance, Domestic Policy, Political Policy, Politics, Business, Financial Markets, Economic Policy, Money Markets, Mutual Funds, Fixed Income Securities


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