''Why the SEC’s Schapiro Is So Worried About Another Run on Money Market Funds''

From Wall Street On Parade

''On June 21, 2012, SEC Chair Mary Schapiro submitted 14 pages of testimony to the Senate Banking Committee, explaining why she is fingering her worry beads over a potential panic run on money market funds.  It really didn’t require 14 pages of testimony.  Schapiro had just two words in the back of her mind: European banks.''

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