Rumors weren't clear and my reference to Vanguard's Money Fund was incorrect. Many funds have similar names using Prime Reserve Fund in their description.
This aforementioned article clarifies the matter and states it's NOT Vanguard. I repeat, NOT Vanguard. They're a little upset with me today. It's understandable but so many names seemed the same and as I indicated my source was a "rumor". This should clarify things.
Wednesday Outlook: Commodities, Emerging Markets [View article]
www.bloomberg.com/apps...
This aforementioned article clarifies the matter and states it's NOT Vanguard. I repeat, NOT Vanguard. They're a little upset with me today. It's understandable but so many names seemed the same and as I indicated my source was a "rumor". This should clarify things.