Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: reaper who wrote (202431)	11/5/2002 2:52:56 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<'breaking the buck' is NOT due to credit losses though (which is what we are generally worried about) but due to the fact that when you charge 100 bps to run a money market fund you can't offer a return with short rates at 150 bps.>> True, but another added dimension to the problem to add to the credit quality issues. The securitization issues brought up in the WSJ is a nice bookend to that piece (on breaking the buck), don't you think? Got money market fund bank wire transfer papers completed?<G/NG>