These securities, known as structured notes, matched the market predictions of various investors, many of whom turned out to be quite wrong.
The fund invested in securities known as structured notes that lost value as rates rose.
But they are buying the securities, known as collateralized mortgage obligations.
These more complex securities, often known as mortgage derivatives, are quite volatile, and some performed quite well last year.
Under a heightened security alert known as "code blue," doors remained locked and blinds drawn at public schools throughout the Washington area today.
About $8 billion is in complex securities known as derivatives, the values of which are based on the performance of underlying assets.
Jobs involving the high-yield, high-risk securities known as junk bonds are also available, he said.
So, they bought $260 million of securities known as structured notes, which carried a floating interest rate that changed more slowly than most other rates.
To combat socialism Bismarck put through between 1883 and 1889 a program for social security far beyond anything known in other countries.
Google accounts can be protected by enhanced security known as "two-step verification".