Breaking News: Reserve-Primary Money Market Fund Suspends Withdrawals

By: Francis Cianfrocca (Diary) | September 17th at 08:07 AM |

Just when you thought things couldn’t get any weirder comes a disaster that will affect a great many ordinary people in the pocketbook: the Reserve Fund’s Primary Fund has suspended withdrawals. The Primary Fund is a money-market fund. The kind of fund where you put your cash for short periods of time to get a higher interest rate than on passbook savings. The whole selling-point | Read More »

Tags: breaking the buck, Business, Economy, finance, Money market funds

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RMConservative: Big Ag is shooting for two goals this week -price supports in the farm bill and wage supports in the amnesty bill #rsrh
moelane: #rsrh Wait. Hurricane Katrina was *BAD* for the GOP, right?: http://t.co/jtO1dNTGoo
moelane: #rsrh Is the IRS *unduly* targeting pro-Israel groups for scrutiny?: http://t.co/0srzbOXIEe
moelane: #rsrh QotD, The Answer To "Who Is Obama?" Is "Disinterested" Edition.: http://t.co/hKfYYNN3WB
presjpolk: Oh man, those anti-Science Republicans. Oh wait, this is the Obama administration again. http://t.co/GixzLhYv4j #rsrh
moelane: #rsrh So, basically, a staffer has made @SenWhitehouse look like an absolute idiot: http://t.co/gKliIJhmCW Rookie mistake, that.
moelane: #rsrh Eric Holder's permanent seat in the barrel.: http://t.co/KmpsBXikGs
moelane: #rsrh Connecticut stops offering Hollywood a luxurious tax break.: http://t.co/Zij2OOVVs9
moelane: #rsrh QotD, I Would Pay Twenty Dollars To See Darth Cheney Do This Edition.: http://t.co/b4aWf51X3y
moelane: #rsrh #DNC flirting with insurance fraud?: http://t.co/HJK7th9A2M
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moelane: #rsrh The war for "Happy Birthday.": http://t.co/FIb2iD8EUU
moelane: #rsrh Bankruptcy endgame for Detroit?: http://t.co/wNCLTbc2GE
moelane: #rsrh Chuck Schumer lectures Mike Bloomberg on gun control message.: http://t.co/BoCGQvSafK
VladimirRS: MT @algore: Welcome to arrivals at the #Climate Leader training in Istanbul ... [] Yep, Turkey's accepting Magic Unicorn passports. #rsrh
moelane: #rsrh "Founding Founders.": http://t.co/CJ3jSZlU6E
moelane: #rsrh Nancy Pelosi: my Roman Catholicism requires me to be pro-choice!: http://t.co/iBhmAdBqQW
RMConservative: I think Mark Pryor already knows that Tom Cotton will crush him. He is now jockeying 4 place on K street, hence his amnesty vote #rsrh
RMConservative: Memo to Landrieu: dumb fences work because they are not smart enough to be subject to prosecutorial discretion like a "virtual fence" #rsrh
moelane: #rsrh The IRS and Barack Obama: mission, as they say, accomplished.: http://t.co/ZjSc5MyYI8
RMConservative: Rubio just voted to kill Grassley amendment which would have placed border security before legalization #enoughsaid #rsrh
moelane: #rsrh Ulysses S Obama?: http://t.co/6bYW1WIaa8
moelane: #rsrh I expect that Jan Brewer is going to have an interesting primary.: http://t.co/MjDb3XATlM
moelane: #rsrh Actually, this Cook Political Report is even MORE problematical for Democrats...: http://t.co/bkbjEVhNkA
cayankee: That's all we need with all the Obama scandals: CIA’s deputy director to be replaced with White House lawyer. http://t.co/FvWS2uGVZL #RSRH
RMConservative: If Cornyn really wants good policy to pass and not just "something" why not place triggers before RPI status? #rsrh #tcot
RSBooBooKitty: Ghost RT @AmbassadorToLibya: @HillaryClinton, cool tweets but why weren't you following me 9-11? http://t.co/nwAafxoWrh #rsrh #Benghazi
VladimirRS: RT @Mark_J_Perry: The Shale Boom Is Immunizing US Oil And Gas Production From Hurricanes #rsrh http://t.co/ZHellUFs2E
moelane: #rsrh KILL IT. KILL IT WITH FIRE.: http://t.co/uDXrSBU2u8
VladimirRS: Please, frack beneath my farm http://t.co/hLD0QKQhOH || Maybe anti-fracking farmers shouldn't use #natgas based fertilizers .... #rsrh

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