Suspend redemptions to allow for the orderly liquidation of fund assets

[Paslode]

A long interesting read...

A key proposal would give money market fund managers the option to "suspend redemptions to allow for the orderly liquidation of fund assets." In other words: an attempt to prevent money market runs (the same thing that crushed Lehman when the Reserve Fund broke the buck).

http://www.zerohedge.com/news/govern...-denied-sequel

[Paragrouper]

Reading that makes me want to invest in a new rifle.

[tonyz]

The "Leviathan" grows.