Sunday, November 2, 2008

Trojan virus steals banking info

http://news.bbc.co.uk/2/hi/technology/7701227.stm Trojan virus steals banking info

http://www.washingtonpost.com/wp-dyn/content/article/2008/10/31/AR2008103103727_pf.html The clients put money in Swiss bank accounts, where it was supposed to stay secret. But now those depositors fear the U.S. Internal Revenue Service and the Justice Department will gain access to their bank records, Robbins said.

Please explain why the Government Fund is frozen. Aren't U.S. Treasuries trading?

U.S. Treasuries are liquid, but the Government Fund invests primarily in securities backed by

the U.S. Government, such as Fannie Maes, Freddie Macs, and Ginnie Maes. These securities

are not likely to default, they are just illiquid. http://www.reservefund.com/pdfs/Important%20Notice_Primary_Govt_FINAL_2008_1002.pdf