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- W38249140 abstract "Until problems surfaced during the global financial crisis, money markets were often taken for granted as plain-vanilla, low-volatility segments of the financial system. For the most part, money markets provide those with funds — banks, money managers, and retail investors — a means for safe, liquid, short-term investments, and they offer borrowers — banks, broker-dealers, hedge funds, and non-financial corporations — access to low-cost funds. The term money market is an umbrella that covers several market types, which vary according to the needs of the lenders and borrowers. One consequence of the financial crisis has been to focus attention on the differences among various segments of money markets, because some proved to be fragile, whereas others exhibited a good deal of resilience." @default.
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- W38249140 date "2012-06-27" @default.
- W38249140 modified "2023-09-23" @default.
- W38249140 title "What are Money Markets" @default.
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