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Politics : Ask Michael Burke
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To: PaperChase who wrote (70316)11/10/1999 11:19:00 AM
From: Earlie  Read Replies (6) of 132070
 
PC:

In addition, some mutual funds have sought (and gained) permission to borrow from their own money market funds if they get into a bind. Mind-blowing stuff, but true.

Not that I think it will save them when the redemption calls begin in earnest (which will not occur until the losses reach frightening proportions,....the public has been thoroughly brain-washed this time around).

Best, Earlie
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