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$50 Billion Goes to Money Market Funds

August 15, 2011

One of the most volatile weeks in market history sparked a bigger flight to safety than the collapse of Lehman Brothers as global investors parked a record $50 billion in money market funds this week, yanking money out of bonds and shares,reported the FT.

Source: http://www.cnbc.com/id/44116640?__source=RSS*tag*&par=RSS
 
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