September 18, 2009
ABSOLUTELY NO! NO! NO! to the idea of making money market funds have "floating NAVs" instead of being fixed at $1. We've taken enough crap with our 401ks tanking and our tax money wasted on bailing out banks/auto co's.
Please leave what little savings we have intact with a fixed $1 value. We do not want the value of our savings going up and down for no reason. Heck, if I wanted that, I'd invest in a bond fund instead of a money market fund.