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Politics : Welcome to Slider's Dugout
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To: Slife who wrote (6868)11/2/2007 3:38:15 PM
From: Nihontochicken  Read Replies (1) of 50725
 
No, but, per Richard Russell, I did move most of my rather large cash position from money market funds having a lot of corporate paper (presumably including some number of toxic CDOs) into MMFs utilizing US Treasuries only, at a cost of 1%/year less interest income. Not that I expect any Schwab or Fidelity MMF to fail, but just to be safe, will wait for the SIV/CDO smoke to clear.

NC
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