MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 20, 2007 Money Market Funds From Fido, et al. Held Over $6B of CDOs Containing Subprime in June Money market funds with a total of $300 billion assets between them have invested in subprime debt. Bloomberg reports that money market funds run by Bank of America Corp., Credit Suisse Group, Fidelity Investments and Morgan Stanley combined, held more than $6 billion of CDOs with subprime debt as of June, according to SEC filings. Printed from: MFWire.com/story.asp?s=15452 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |