SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: echarite who wrote (79444)4/13/2000 3:32:00 PM
From: Tommaso  Respond to of 132070
 
The people who really get hurt may be the creditors. Bankruptcy is almost a socially acceptable procedure now, and carries hardly any more stigma as many years ago attached to having a mortgage on your house.



To: echarite who wrote (79444)4/13/2000 4:13:00 PM
From: Mike M2  Read Replies (3) | Respond to of 132070
 
echarite, quite some time ago i recall reading that some large mutual funds had asked the SEC for permission to tap into their customers money market funds as a temporary line of credit in the event of heavy redemptions but i never heard if permission was granted. can you enlighten me ?. thanks mike