Investment News says "​Subprime problems are hitting money funds". IN says, "​Recently, Wachovia Securities LLC of Richmond, Va., acknowledged a $​40-​million-​dollar loss related to bailing out certain securities from its Boston-​based Evergreen Investments money market funds". The article quotes Evergreen spokeswoman Laura Fay, "​This was meant to send a message of confidence to investors.... It was positively received," she said, noting that "asset flows into the funds increased after Wachovia took that step".

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