Another Day, More Write-Downs

Now Money Market
Funds Aren’t Safe? Keep Whistling
Past The Graveyard, DOW.

Links:
Bank of America shutting $12 billion cash fund (Despite what they say, it IS a money market fund. -Ed)
UBS to take further $10 billion subprime write-down (MarketWatch)
What the Fed Is Facing at Tuesday’s Policy Meeting (CNBC)

Join the Discussion