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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (47358)9/17/2008 1:11:38 PM
From: puborectalis  Read Replies (1) | Respond to of 224724
 
Where's our President?????

Money market breaks the buck, freezes redemptions
Reserve Primary Fund stung by Lehman collapse, investor withdrawals
By Sam Mamudi & Jonathan Burton, MarketWatch
Last update: 9:11 a.m. EDT Sept. 17, 2008Comments: 202NEW YORK (MarketWatch) -- One of the original and largest money market funds has put a seven-day freeze on investor redemptions after the net asset value of its shares fell below $1.

Wall Street stumbled again Wednesday, with anxieties about the financial system still running high even after the government bailed out the insurer American International Group Inc. The Dow Jones industrial average dropped about 300 points.