Volatile holdings part of state fund

Story date: 2007-12-05 02:17:00
Added on: 2007-12-05 05:18:36

Boston Globe - But to increase their returns, many also invest a portion of their funds in "commercial paper," such as mortgage loans packaged into SIVs, or corporate debt backed by assets like real estate. Cahill said the SIVs held by the Massachusetts trust have ...


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