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 |
|
Friday, December 21, 2007 SunTrust Sinks $1.4 Billion into Two of its Money Market Funds SunTrust Banks is pouring $1.4 billion into two of its money-market funds to prevent SIV-related losses, the Associated Press reported. Atlanta-based SunTrust will buy $1.4 billion of securities issued by SIVs from its STI Classic Prime Quality Money Market Fund and the STI Classic Institutional Management. Printed from: MFWire.com/story.asp?s=16879 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |