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09-16-2008, 06:32 PM
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Money Market Fund Loses Money Due to Lehman Brothers
For only the second time in history, a money market fund has lost money or "broken the buck".
Bank Deals article 
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09-17-2008, 05:32 AM
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Wow! This might be missed underneath all the huge bailout and bankruptcy headlines, but... this is pretty historic!
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09-17-2008, 09:01 AM
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In goes a dollar; out comes 97 cents.
I learned quite a bit from the comments attached to that article.
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09-17-2008, 01:37 PM
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Yeah it's pretty big news, I'm not surprised it hasn't happened more often considering all the "safe debt" involving Freddie Mac and Fannie Mae sold.
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