Money Market Insurance Program Set to Expire

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"That's because the Reserve Primary Fund still remains the only money market fund since 1994 to have broken the buck.
This comment is incorrect.
The Reserve Fund was the largest to fail, and caused other money market to break the buck as well. And some Local Government Investment Pools broke the buck as well.
I know for a fact Colorado Diversified Trust broke the buck owning Lehman bonds, and CSAFE (Colorado Surplus Asset Fund) Broke the buck because they invested in the Reserve Fund. CSAFE was frozen for months. I'm sure other funds were affected as well.

Robert of MI 9:52AM September 18, 2009