Richard Shelby actually said...

runs with potential systemic impacts on the financial system

The reason that the NAV is solid at a dollar and not a gimmick or whatever is precisely because of the portfolios and the credit work to hol...

I also sitting up here as a Senator want to make sure that the taxpayers do not have to bail out anybody.

Money market funds have been an important source of short-term financing for businesses, banks, and State and local governments.