Jane Bryant Quinn in Newsweek "A Safe Harbor In the Storm"

Dec 16 07

Jane Bryant Quinn writes in Newsweek "A Safe Harbor In the Storm". Quinn writes in her "Capital Gains" column, "The 'safe savings' of individuals, however, are doing fine. You're even getting some benefit from the market's pain.... So far, seven sponsors are known to have supported their funds, says Peter Crane of Crane Data, which tracks the industry. They're blue-chip names: Bank of America (Columbia funds), Wachovia (Evergreen funds), Credit Suisse, First American (a unit of U.S. Bancorp), Legg Mason, SEI Investments and SunTrust Bank." See also WSJ's "More Money-Market Funds Hit Trouble".

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