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Ailing cash fund gets bailed out by Federated

Story date: 2007-12-02 12:19:00
Added on: 2007-12-02 12:00:24


Seattle Times - ... of money-market accounts in the U.S., bailed out its Enhanced Reserve cash fund as declines in mortgage-backed securities caused the credit ... provide as much as $600 million to money funds and institutional cash funds that have been hurt by bad ...


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