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Reserve Fund

It's 2012: Do You Know Where Your Money Market Fund Is?

Sheila Bair | Posted 04.30.2012 | Money
Sheila Bair

Would you take money that your daughter needs for braces and make a short term loan to a Wall Street firm? Probably not, but if you've put your ready cash in a prime money market fund, those are the kinds of places where your money may be sitting now.

Companies Hoarding $1 TRILLION In Cash

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As the economic recovery remains tepid, companies continue to sit on piles of cash, shifting it around internally rather than spending it. The hoard ...

Breaking The Buck: Inside The Reserve Fund's Collapse

Crain's New York Business | Aaron Elstein | Posted 05.25.2011 | Business

The evening of Sept. 15, 2008, was the worst of Bruce Bent II's career. Panicked investors, who woke up that Monday morning to news of Lehman Brothers...