American Banker writes "Some Anticipating Exits From Money Market Field", which discusses recent money fund asset inflows and tax outflows, and the possibility of some firms exiting the business. It quotes Pete Crane, "The talk of consolidation has been going on for years in this industry, but you really haven't seen any substantial participants exit the business.... Among the largest firms, we just have not seen, and don't expect to see, anyone significant exit from the money management business.... Certainly the party isn't over for money market funds, but it is definitely slowing down and throttling back."

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