writes "Legg Mason Gets Letter of Credit" which details the most recent filing and press release describing support actions taken over the Citi and Western Asset funds. (We wrote about at the end of yesterday's "WSJ Writes That "Money Funds Can't Shake SIVs"".) The release is here and the filings are here.

Also in today's Journal is `Herb Greenberg's "Meet the Auction-Rate Cassandra", which cites warnings on auction-rate securities from Joe Morgan, head of portfolio management at SVB Asset Management (Silicon Valley Bank).

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