The funds' corporate investments are very much skewed toward paper issued by foreign banks.
The review misinterpreted a white paper issued by the group three years ago.
In fact, they held commercial paper issued by Enron, he said.
Commercial paper issued by nonfinancial businesses has plummeted 40percentt over the last year.
As well as Treasury bonds, it is willing to accept paper issued by "government-sponsored enterprises" (GSEs).
Money market funds, traditionally big investors in short-term paper issued by European banks, have been reducing exposures.
The garbage collection system is "ripe for reform," according to a position paper issued by the campaign of Rahm Emanuel.
Standard & Poor's says the amount of commercial paper issued by nonfinancial companies has shrunk roughly 30percentthis yearar.
A policy paper issued by Medinsky's Ministry of Culture called for "a rejection of the principles of tolerance and multiculturalism".
The French economist Jacques Delpla and a German colleague, Jakob von Weizsäcker, made a similar proposal in a paper issued by Bruegel, a research group in Brussels.
Yields on paper issued by Greece, Portugal, Spain and other highly indebted euro-zone countries have plunged since the E.C.B. began the purchases.
