seems like all the rules of the game have changed.. All norms have changed.. The Reserve Primary Fund had $62.6 billion in assets as of last week and it one of the largest money-market funds. However they owned some Lehman toxic paper.. and the cardinal rule of parity to the US Dollar net asset value crashed... Now for every dollar... it is only worth .97 cents. All that loss to low interest rate...one can easily be shocked....
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[Source: Finance: Personal Finance Articles from EzineArticles.com - Posted by FreeAutoBlogger]
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