PBS's Nightly Business Report did a piece entitled, "Money Market Mutual Funds May Have To Manage More Scrutiny" last night, which rehashes some old news on money fund bailouts and which speculates that money funds mace face more regulatory scrutiny. The Reserve's Bruce Bent, DB Advisors Kevin Bannerton, and fund gadfly Mercer Bullard briefly comment in the segment. "During the past year, at least 17 money market management firms have quietly unwound their riskier investments to prevent what's known as breaking the buck," says NBR. (We argue, though, that this is incorrect. Most would not have "broken the buck" even without support actions.) Click here for video.

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