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Politics : Ask Michael Burke

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To: Earlie who wrote (70333)11/10/1999 5:19:00 PM
From: Nadine Carroll  Read Replies (1) of 132070
 
Welcome back, Earlie! You've been missed.

Regarding the mutual fund companies borrowing from their money market funds, this is rather alarming as I too am one of the "poor guys" who has been moving IRA money out of stocks and into the core money market account under the impression that this was a much safer place for it to be.

How do I assess my real level of risk? Do you fear for the large players (in my case, it's Fidelity) or just the smaller ones?
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