Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PaperChase who wrote (70316)	11/10/1999 12:14:00 PM
From: valueminded	Read Replies (2) of 132070

PC: Reference: <massive lines of credit to avoid forced redemptions>. I would be interested in any links as to: 1.size of the credit lines (market value is currently 16trillion. A 10% withdrawal represents over 1.6trillion dollars. ) 2.what assets used to back up the credit lines - if any (stock would seem to be poor collateral in a bear market) If it isnt anything, the creditors would seem to be at risk of being taken out by the fund companies. 3.if the mutual funds can borrow from the money market funds it would seem that money funds may not be a safe place in a downtrending market. thanks

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next