CNN story on Money Market Funds

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Oct 28, 2007 11:03 am

This story is now running on CNN and is posted on its website.  Be aware that a growing number of clients will likely start questioning the safety and make-up of money market funds and other vehicles that include subprime components or instruments imnpacted by same.

 
http://www.cnn.com/video/#/video/us/2007/10/18/hunter.housing.decline.cnn
 
 
Oct 28, 2007 9:43 pm

We had this conversation with our clients a while back, and as a result, all were moved into insured money markets more than a year ago.

Oct 29, 2007 8:20 pm

Thanks to the AGE Wachovia Bank Deposit I no longer have this to worry about! Yet my clients are still maign more interest then comperting Bank Deposits!