Our
Feb. 13 News, entitled, "
In Memoriam: Money Fund Guru Bill Donoghue; Popularized MMFs in '80s," explains, "
Crane Data was saddened to learn recently that the original money fund "guru," Bill Donoghue, passed away last month.
Donoghue's Obituary explains, "
William E. Donoghue, 75, of Seattle, Washington ... was a respected author and
investment expert best known for the growth of money market mutual funds."