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Rating:Are Money Market Funds Safe From Fannie and Freddie Fallout? Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 21, 2008

Are Money Market Funds Safe From Fannie and Freddie Fallout?

by: Neil Anderson, Managing Editor

On Sunday Chuck Jaffe reported that money market fund shareholders are getting nervous about their funds' Fannie Mae and Freddie Mac paper holdings. But Crane Data founder Peter Crane told Jaffe that money fund holders shouldn't worry.

"Money fund managers are comfortable that they won't be left holding the bag," Crane said. "This has not been a real threat to money funds. 

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