In the event of a default at least one would probably "break the buck" (ie, fail to give the principal back to investors), threatening "a broader run on money funds", Mr Zames said.
如果发生赖账,至少会有一家基金也会不将本金还给投资者,这样就会威胁到很多投资者要撤离基金了。
2
In the short run, policymakers must focus on measures with the biggest bang-for-the-buck, that create jobs and kick-start growth, and that take distributional considerations into account.