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Showing posts with label American businesses. Show all posts
Showing posts with label American businesses. Show all posts

Monday, January 09, 2012

Money Funds Could Face More Changes

AS Europe was lurching from crisis to crisis in late October, a Norwegian lender — a $40 billion bank with a strong credit rating, four blue-chip owners and a 50-year track record — abruptly stumbled.First, Norway’s regulators turned down the bank’s request that they waive a new rule requiring it to have a more diverse portfolio.