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Thursday, October 16, 2008 Investors Poured $58.38 Billion into Money Funds in the Latest Week The Treasury Department's guarantee program appears to have succeeded in easing investor jitters surrounding money market funds. In the week ended October 14, investors poured $58.38 billion into money-market funds, marking the third week of net buying in the funds, reports The Wall Street Journal's Daisy Maxey, citing numbers from the Money Fund Report. Assets in money-market funds now total $3.446 trillion. Printed from: MFWire.com/story.asp?s=19657 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |