Thursday's WSJ Fund Track
covers Wednesday's move by TD Ameritrade
to make investors who lost money in the Reserve's Primary Fund
whole once more. The company said it would kick in $50 million of its own money so that investors would not have to eat the losses. The column, by Shefali Anand and Kara Scannell, also reports on a similar move made by Ameriprise
hours later. Ameriprise is committing $33 million to negate losses by its clients.
For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline.
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