Y. Rachel Kuo

Willkie Farr & Gallagher LLP

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Recently by Y. Rachel Kuo

U.S. Treasury Department's Temporary Guarantee Program For Money Market Funds

Recent events in the commercial paper market, beginning with Lehman Brothers Holdings, Inc.'s declaration of bankruptcy on September 15, 2008, have led some money market funds to "break the buck." These funds were unable to maintain a stable net asset value or share price (a "...

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