Money Market Funds

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Sep 16, 2008 5:37 pm

This ought to make some of you feel good:

http://www.marketwatch.com/news/story/money-market-giant-freezes-redemptions/story.aspx?guid=%7B691A8CB9%2DB98F%2D4677%2D87D3%2D1CC274AB5103%7D
Sep 16, 2008 8:13 pm

I, for one, am concerned about money market funds breaking $1. Almost 60% of my accounts are in money market...since .7% Treasuries don't interest me.



Hopefully, this AIG "bridge loan" will stabilize the markets tomorrow.