Tag Archive

The Dark Side Of Money-Market Mutual Funds

The Dark Side Of Money-Market Mutual Funds

January 30, 2011 No Comments

Beginning on Monday the Securities and Exchange Commission is going to impose new rules, which will bring out the dark side of money-market mutual funds. It will reveal ‘shadow’ prices in monthly snapshot reports to show the actual market value of the funds holdings. This change was introduced to give investors a more accurate value ...

Britain cutting down its budget deficit

Britain cutting down its budget deficit

October 23, 2010 No Comments

Britain’s chancellor, George Osborne, has announced his plan to cut £81 billion by 2014-2015 to cut budget deficit. The deficit amounts to approximately 10% of GDP this year. The first step is done, £5 billion have already been shaved of this year’s spending but the chancellor is planning on taking drastic measures to reach his ...