​ More Stories on Sentinel Mgmt. Cash-​Plus Commodities Pool Meltdown. Since news broke yesterday morning that Sentinel Capital Management, a boutique Chicago advisor that ran commodities money, had halted redemptions in its comingled "​enhanced-​cash" pool, there has been a press feeding frenzy. (CNBC erroneously reported that Sentinel was a money market fund; it is not a money market pool nor a fund.) The following articles have appeared on the overly aggressive pool: Bloomberg "​Cash-​management fund seeks freeze on withdrawals", WSJ "​Sentinel Halts Redemptions", WSJ: "​Credit Tremors Crop Up in Cash Funds" (says some other "​enhanced cash" and "​ultra-​short" funds are also being hurt), New York Times "​Subprime Problems Spread Into Commercial Loans", AP "​Crisis causes $​1.​5 billion fund to bar withdrawals", Marketwatch, and "​Sentinel invested in longer-​term debt securities", and USA Today "​Sentinel freezes assets of $​1.​5B fund". (Pete Crane appeared on Bloomberg TV at 1:​10pm Wednesday, and may appear on CNBC'​s "​Power Lunch" Thursday at 12:​20pm.)

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