Thursday, August 23, 2007

Subprime Infects $300 Billion of Money Market Funds

20.8.07
Unbeknownst to most investors, some of the largest money market funds today are putting part of their cash into one of the riskiest debt investments in the world: collateralized debt obligations backed by subprime mortgage loans.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aEUtlgwzL_qc&refer=home

No comments: