Yahoo! Finance
09-19-2008, 06:20 PM
<b>Yahoo! Finance: Mutual Fund News</b>
The federal government on Friday stepped in to bolster the teetering $3 trillion money-market mutual fund industry and stem a wave of withdrawals that resembled a Depression-era run on the banks -- sparked largely by panicked institutional clients rather than individual investors in what are normally considered to be the safest of investments.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080919/fund_rescue.html?.v=17)
The federal government on Friday stepped in to bolster the teetering $3 trillion money-market mutual fund industry and stem a wave of withdrawals that resembled a Depression-era run on the banks -- sparked largely by panicked institutional clients rather than individual investors in what are normally considered to be the safest of investments.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080919/fund_rescue.html?.v=17)