Yahoo! Finance
07-25-2008, 01:40 PM
<b>Yahoo! Finance: Mutual Fund News</b>
Legg Mason Inc posted a wider-than-expected quarterly loss as investors yanked $18.4 billion from its underperforming funds and the U.S. asset manager took a charge to bail out its money market funds that are stuck with risky securities.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/080725/assetmanagers.html?.v=1)
Legg Mason Inc posted a wider-than-expected quarterly loss as investors yanked $18.4 billion from its underperforming funds and the U.S. asset manager took a charge to bail out its money market funds that are stuck with risky securities.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/080725/assetmanagers.html?.v=1)