The mortgage market woes appear to be hitting money market funds now, too. The
Boston Globe's Ross Kerber reports that some big money market funds could be facing losses thanks to sub-prime holdings in "structured investment vehicles" they hold stakes in.
Wachovia already revealed a $40 million money-market loss at
Evergreen, and Kerber writes that
Fidelity and BofA's
Columbia also have significant SIV investments in their money market funds. 
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