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To: Real Man who wrote (339848)	8/5/2007 6:35:12 PM
From: NucTrader	Respond to of 436258

I already put my Schwab Advantage money market funds into 1 and 3 month T-bills. With the Axa Financial example, it may be way too bear-ry, but once it starts to happen... ft.com the last sentence was very telling: Translation: we may not be able to bail you out in the future... My ? - is your non-FDIC insured money market holder (think Bear Stearns on the worst end) financially capable of stepping up to the plate to save client money market accounts ending up with a NAV < 1.0? And as important, will they do the right thing, which Axa Financial did. Instead of "Do you know what's in your pocket" think: "Do you know where your non-insured money market funds are invested?"