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Rating:WSJ Highlights Big Pullback from Money Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 19, 2009

WSJ Highlights Big Pullback from Money Funds

by: Kimberly Chin

The Wall Street Journal picked up on data from the ICI which show that assets in money market funds fell $72.85 billion in the latest week. This, the WSJ notes, is the largest pullback since September, when a Reserve fund broke the buck, triggering widespread fear among investors.

Total assets in money funds declined to $3.68 trillion in the week ended Wednesday.  

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