Tuesday, December 14, 2010
United States: not the priority of repayment of investments with.
<P> [Informed sources said that the current "feel" The Reserve wants to blame SEC, settlement plan developed by the SEC, The Reserve implemented. .If you come forward to do the final work by the SEC, the investment with the United States government agencies turn to "bargain", the difficulty will be larger, more complex procedures may] </ P> <P> caught in a quagmire the U.S. money market fund investment in China Investment .liability company (the "CIC") can get out, may have to experience some ups and downs. .</ P> <P> to vote in a statement the day before yesterday in the U.S. money market fund management company established The Reserve will reimburse the funds invested in the vote after all the principal and interest, The Reserve said yesterday responded immediately, the investment under the Stable Investment Corp. Not .Priority will be given in The Reserve Primary Fund management is getting paid money to other investors, and received the final settlement amount depends on the liquidation plan. .</ P> <P> also how much "depends on the liquidation plan" </ P> <P> The Reserve statement on its Web site, Stable Investment Corp. Is the Primary Fund, a "investor", will be based on the final Primary Fund .liquidation plan is getting paid the allocation of funds. .</ P> <P> Lehman Brothers filed for bankruptcy protection by the impact, Primary Fund 9 月 16 was forced to write off 785 million held by Lehman Brothers bonds, resulting in net worth fell $ 0.97, triggering a large-scale redemptions. .According to The Reserve 9 月 29 tabled to the U.S. Securities and Exchange Commission (SEC) documents, as of September 1, Stable Investment Corp. For the Primary Fund Class Institutional level in the largest shareholder, holding 11.1%, totaling approximately 5.4 billion .. .</ P> <P> market rumors it was 5.4 billion has been "frozen." .CIC said in a statement the day before this, the investment in the Primary Fund announced the stop plate issued before the redemption instructions completely, and the Primary Fund has confirmed in writing to the return of all principal and interest in the vote. .CIC is not the current investors, its shareholders, but creditors. .</ P> <P> CIC also emphasized that stop late in the Primary Fund have not yet redeemed fund investors may face losses of 3% of the principal, and redemption of investment in pre-stop and should not be .bear the loss. .</ P> <P> According to The Reserve 9 月 16 a statement released on the same day at 4 pm, Primary Fund held by Lehman Brothers-related value of securities owned by 0, the net fell to $ 0.97 from the $ 1. .All received before 3 pm the day of redemption requests are honored will be the net value of $ 1. .</ P> <P>.
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