http://www.fivecentnickel.com/2008/10/13/us-treasury-insurance-for-money-market-funds/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 04:49:32 -0500 http://wordpress.org/?v=abc hourly 1 http://www.fivecentnickel.com/2008/10/13/us-treasury-insurance-for-money-market-funds/comment-page-1/#comment-126026 Taxrascal Tue, 14 Oct 2008 16:06:33 +0000 http://www.fivecentnickel.com/?p=1796#comment-126026 I wonder if this will prompt them to buy less creditworthy securities. They could get extra yield by switching from A1-rated to A3-rated -- that pays for the insurance, and if things don't work out, someone else picks up the tab! If this regulation does to commercial paper what the S&L reforms did to commercial real estate, it will be a disaster. I wonder if this will prompt them to buy less creditworthy securities. They could get extra yield by switching from A1-rated to A3-rated — that pays for the insurance, and if things don’t work out, someone else picks up the tab! If this regulation does to commercial paper what the S&L reforms did to commercial real estate, it will be a disaster.

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