Several readers have contacted me with a similar question after reading many of the discussions featured here. Though phrased in different ways, the question is
May 9, 2012
Question: A few years ago, I remember hearing that money market funds were covered by FDIC protection just like certificates of deposit and savings accounts.
Despite last year’s dip in U.S. bank failures, at least 758 lending institutions are at risk of failure over the next two years, according