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Goldman Sachs (GS) will switch to daily disclosure of money-market futual fund values from...

Goldman Sachs (GS) will switch to daily disclosure of money-market futual fund values from monthly reports, in a bid for transparency, WSJ reports - notable since other companies in the $2.7T industry (which has chafed against regulation) may need to follow suit. A seawall against - or an accelerant to - future buck-breaking?
Comments (2)
  • SoldHigh
    , contributor
    Comments (1001) | Send Message
     
    Collectively, the country learned nothing from the S&L crises and nothing from the housing crises. Forget the lip service - the actions from the regulators says as much.

     

    The conduct of the investment banks has shown that they (actually the taxpayers) need a set of regulations commensurate to that which traditional banking follows.
    9 Jan 2013, 12:06 AM Reply Like
  • RS055
    , contributor
    Comments (1896) | Send Message
     
    Keep your cash at the US Treasury through Treasury Direct. Nice web site, can link up to your bank acct. i refuse to be collateral damage as these clowns monkey around with your cash accounts.
    9 Jan 2013, 02:48 AM Reply Like
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