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Politics : Ask Michael Burke

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To: pater tenebrarum who wrote (82732)8/11/2000 7:25:32 PM
From: Earlie  Read Replies (1) of 132070
 
Heinz:

Let me add an even greater item of concern with respect to what will occur when the inevitable calls for "redemption" start to echo around the mutual funds. If you examine the fine print, many mutual funds are now allowed to borrow from their in-house money market funds to cover "short term exigencies". Yuk.

Best, Earlie
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