Weighing Greece's Threat to Money Funds

摘要

The chance of Greece defaulting on its debt doesn't pose a danger to U.S. money fund investors-yet. "It would take a very rapid decline, and not just in the smaller European countries" for the debt crisis to inflict losses on U.S. money funds, says George "Gus" Sauter, chief investment officer at Vanguard Group. "You'd probably have to see Spain and Italy get into difficult shape."