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Wednesday, October 31, 2007

WSJ Notices Money-Market Woes

by: Neil Anderson, Managing Editor

Fund firms are striving to protect their money market funds in the wake of the sub-prime summer. Daisy Maxey reports in the Wall Street Journal's Fund Track (separate login required) that "some advisory firms have taken action to buy back trouble securities that could have become unsuitable [in their money market funds]." 

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