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Question Concerning MM funds/accounts
Old 09-20-2008, 09:43 AM   #1
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Question Concerning MM funds/accounts

Was reading in the paper this morning about some institutional investors getting a little worried and pulling some of their money out of MM funds/accounts. The Fed is coming to the rescue, so to speak to insure these accounts/funds so they don't break the buck.

I was just wondering where might these institutional investors put their money for safe harbor, or what they would perceived as being safe ?

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Old 09-20-2008, 09:51 AM   #2
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According to this WSJ article they went to short term Treasury notes, driving the interest rate to near 0.

Shock Forced Paulson's Hand -

Numbers is hard.

Retired in 2005 at age 58, no pension

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Old 09-20-2008, 09:52 AM   #3
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US Treasuries

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