MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, April 10, 2008 More Money Market Trouble Lehman Brothers is liquidating two of its distressed money market funds, Peter Eavis and Susanne Craig report in Thursday's WSJ FundTrack. As part of the liquidation, Lehman will be putting $1 billion of the funds' assets on its balance sheet. Lehman declined to tell Eavis and Craig how much the assets in the funds had fallen. Lehman will also be liquidating an enhanced cash fund. Printed from: MFWire.com/story.asp?s=17930 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |