Breaking the Buck Harvard Case Solution & Analysis

After an incredibly volatile six months after Lehman Brothers declared bankruptcy, Finbar McCall, provided the opportunities. As an investment manager RPG Prime Reserve Fund, Inc (RPGXX), McCall had just heard the news that the U.S. Treasury was to increase the availability of insurance for the appropriate money market funds. In case of insurance was first offered in September 2008, RPGXX immediately applied for coverage. Dilemma McCall in February 2009, when the expansion of the insurance Treasury was requested involved weighing the cost of insurance from the comfort it can provide RPGXX skittish shareholders and this will allow more flexibility to invest in RPGXX. This case provides a brief history and explanation of the money market funds, a phenomenon known as "breaking the dollar", and as the government's help changed the landscape of money market funds in the last months of 2008 and in 2009. "Hide
by Robert C. Pozen , Elizabeth M. Leonard Source: Harvard Business School 16 pages. Publication Date: May 18, 2010. Prod. #: 310135-PDF-ENG

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