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It's No Fairy-Tale Ending, But Some Reserve Primary Investors Will Get Cash Back

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rypqx

I was sold this perfectly 'safe' money fund by a TD Ameritrade representative and have not seen a penny of my hard earned money. I'm a senior and don't have that many years left. A 3% loss, I'll feel great if I don't lose half or a third or all of my money! Somebody help us!

Peter Wu of OR @ Nov 26, 2008 13:01:25 PM

RYPQX

RYPQX shareholdrs are, at the hands of The Reserve, The SEC, and TDAmeritrade dying a slow death! We need help and answers ASAP!

of @ Nov 21, 2008 15:56:24 PM

Reserve Primary Fund.

Bruce Bent & the Board of Trustees have no right to hold 54% CASH in HAND available for distribution. Esp. after the first distribution which resolved the RECON issue what excuses does the RESERVE have at the current time to hold those CASH Fund even for an extra day? The RESERVE even if it has to distribute $ 50 each week to its Share Holders then so be it. We are sick and tired of this waiting game and the RESERVE Management paying off there Salary Off of us incld Admin Cost. They are doing this with our Hard Earned Money and at the cost of our Opportunity Cost.

Maverick M of CA @ Nov 21, 2008 10:34:33 AM

Reserve Yield Plus Fund

..and they did not live happily ever after..
Thank you for the information that Treasury
isn't planning a bailout for the RYPQX fund
investors. Neither is Reserve Management or
TD Ameritrade (they brokered over 98% of this
fund).

Phil / Ponce Inlet FL of FL @ Nov 21, 2008 10:08:58 AM

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It's No Fairy-Tale Ending, But Some Reserve Primary Investors Will Get Cash Back

rypqx

RYPQX

Reserve Primary Fund.

Reserve Yield Plus Fund

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