Reuters Says "U.S. money funds seen safe from subprime problems"

Aug 22 07

Reuters Says "U.S. money funds seen safe from subprime problems". "Experts are reassuring investors that U.S. money market mutual funds, which have gathered about $165 billion in new assets over an eight-week period, are safe from the subprime mortgage problems that have caused steep losses at several hedge funds," says the piece.

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