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View Full Version : Money fund 'breaks the buck,' investors at risk (AP)


Yahoo! Finance
09-17-2008, 04:40 PM
<b>Yahoo! Finance: Mutual Fund News</b>

A soured investment in Lehman Brothers Holdings Inc. debt slashed two-thirds of the asset value of the nation's oldest money-market fund, exposing clients to losses despite their investments in a financial product normally seen as a safe haven even in volatile markets.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080917/investor_risk_fallen_money_fund.html?.v=2)