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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (148403)	9/20/2008 4:41:12 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

i don't disagree with that, but as ork said, MM funds were never meant to be 'insured' like banking instruments....that's why you are able (or at least used to be able) to get a better yield... so now certain investments should be excluded as too risky....of course, only AAA as rated by the clowns that gave us CDO's, ARS's and SIV's....just like with the monolines, when they kept moving the goalposts when it came to capital requirements with warnings of warnings, as they kept threatening downgrades yet allowing them to extend the timetable my confidence in the regulators is nil