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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: gnuman who wrote (69117)10/15/1999 10:08:00 AM
From: Knighty Tin  Respond to of 132070
 
Gene, some of the better corporate funds which buy only very prime paper are safe enough. And the govt. funds are very safe, assuming they take delivery on overnight repos, which we always did. However, I see a lot of these crappy money funds with junk in it I've never heard of. That scares me. Maybe the junk is good, but I think money funds should be mostly household names. I don't mind loaning money to Disney. I don't like loaning money to French Undersea Credit Guarantie. <g>