http://kplu.org en http://kplu.org/post/your-money-fund-mixed-europes-debt-it-safe <p>How safe is your money market fund?&nbsp;Money-market funds have long been regarded as a safe place to park cash. They paid higher interest than banks and savings and loans, and your deposits were easily accessed.&nbsp;</p><p>But that all changed in 2008. The collapse of investment bank Lehman Bros. caused something of a panic as depositors wondered if they&rsquo;d get their money back. To stem the outflow and prop up the funds, the government temporarily guaranteed money market accounts.</p><p>Money funds are still seen as a relatively safe harbor, but on this week&#39;s Money Matters, financial commentator Greg Heberlein explains to KPLU&#39;s Dave Meyer that you need to know where your fund is investing your cash. More importantly, you need to know if your fund is holding European debt.</p><p> Tue, 19 Jul 2011 14:50:00 +0000 Dave Meyer and Greg Heberlein 2103 at http://kplu.org Is your money fund mixed up with Europe's debt? Is it safe?