Economy: Economic News, Policy & Analysis - The Washington Post: The hidden cost of bailouts: The money market mutual funds and moral hazard

Economy: Economic News, Policy & Analysis - The Washington Post
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The hidden cost of bailouts: The money market mutual funds and moral hazard
Sep 28th 2012, 14:24

Treasury Secretary Timothy Geithner's letter to leading financial regulators Thursday afternoon urging them to step up oversight of money market mutual funds was, as these things always are, written in painstakingly formal language.

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