MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, November 11, 2008 USAT Rehashes Reserve's Pain USA Today just brought the Reserve Primary Fund tale to the broader public. The paper's Kevin McCoy penned a long feature on the saga of the money fund that first broke the buck nearly two months ago (see MFWire, September 17, 2008). For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline. USAT isn't the first national paper to react to the Reserve. In late October, Diana Henriques of the New York Times compared the firm's woes to the Great Depression (see MFWire, October 29, 2008). And for a look at how shareholders are reacting to the Primary Fund saga, check out MFWire from October 31. Printed from: MFWire.com/story.asp?s=19859 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |