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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: Rarebird who wrote (39272)	8/19/1999 11:08:00 AM
From: The Barracuda™	Read Replies (1) of 116912

UH OH! IF A DOLLAR IS NOT WORTH A DOLLAR, WHAT THEN??? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Wednesday August 18, 4:01 pm Eastern Time Insurer's liquidity crisis jars U.S. money funds By Cal Mankowski NEW YORK, Aug 18 (Reuters) - A liquidity crunch at a St. Louis-based life insurer has thrown a scare into U.S. money market funds, although fund companies say the problem is small and manageable. The problems first came to light in late July when ARM Financial Group Inc. (NYSE:ARM - news), a Louisville, Ky.-based investment company, said it ended a partnership agreement with General American Life Insurance Co. of St. Louis and that General American would ''recapture'' some $3.5 billion in assets that were in a reinsurance agreement. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX DOES THIS MEAN SOME MONEY FUNDS MAY "BUST THE BUCK?"

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